While Ethereum is trying to fend off sky-high gas fees, Bitcoin has been witnessing an opposite trend: a drop in transaction fees.
Arcane Research presented several reasons to explain the phenomenon and help investors make sense of the year’s happenings.
By how much have the Bitcoin transaction fees dropped this year? The median transaction fee during January was usually under $10, but this surged to nearly $30 between 21 April and 21 May. Following the May crypto crash, this number dropped, then
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