Bitcoin transaction fees drop to $5.89
According to reports, after two consecutive surges to more than $18 per transaction last week, the transaction fees for Bitcoin have decreased slightly. As of November 24th, the average fee per transaction was about $5.89, and the median fee per transfer was $2.86. In October, miners received $885 million in rewards and fees. As of November 25, 2023, miners have earned a total of $945 million, including transaction fees and subsidies. As of 4:00 p.m. on Saturday (Eastern Time), miners have accumulated $124.98 million from fees alone, excluding subsidies. This number is close to the record of $125.92 million in transaction fee revenue set in May 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Here’s How High Dogecoin Can Reach If BTC Market Cap Hits $500T As Predicted By Michael Saylor
Wasabi Adds Berachain Vaults With Up To 300% Yields
Analyst Forecasts 600% XRP Price Rally as Ripple Defends Critical $2 Support
Trending news
MoreCrypto prices
More








