Bitcoin and Ethereum transaction fees fall to seven-month lows
Due to the cryptocurrency market experiencing its bleakest week of 2024, Bitcoin and Ethereum transaction fees have dropped to their lowest levels in seven months. On June 23rd, the average Bitcoin transaction fee reached $1.93 per transaction, the lowest level since October 2023. The low gas fees on the Bitcoin network are a sign of reduced network activity and competition.
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.
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