Report: Bitcoin Transaction Fees Fall to 2014 Levels

Bitcoin transactions fees have reportedly hit a four-year low, while last month the transactions volume reached a one-year high.

Bitcoin (BTC) transaction fees are at new lows, according to a new report published by crypto and blockchain research firm Diar on Feb. 11.

While BTC transactions struck a one-year high in January, almost reaching the levels registered in 2017, the median transactions value in BTC have reportedly dropped. BTC median fees have reportedly decreased to 2014 levels:

“Median Fees are also at levels not seen since 2015 despite the total monthly Bitcoins moved on-chain standing at higher levels than seen throughout most of 2018.”

Last month, Diar reported that cryptocurrency exchanges closed 2018 with “record transacting volumes,” where the combined trade volume of U.S. dollar (USD) markets on major United States crypto exchange Coinbase reportedly increased by 21 percent in 2018…

Read Full Story : News

2019-02-12 01:10:00

What do you think?

0 points
Upvote Downvote

Written by Cointelegraph

Crypto Feud: TRON Founder Takes Shots at Ethereum Creator’s Twitter Follower Count

Bitcoin [BTC], Bitcoin Cash [BCH] and other cryptocurrencies accepted by American wholesale, H&M