Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ADOPTION NEWS»Bitcoin’s average transaction fees fall after reaching all-time high with Loon launch
ADOPTION NEWS

Bitcoin’s average transaction fees fall after reaching all-time high with Loon launch

By Crypto FlexsApril 22, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin’s average transaction fees fall after reaching all-time high with Loon launch
Share
Facebook Twitter LinkedIn Pinterest Email

Posted 1 minute ago In ~

Bitcoin average transaction fees fell on Sunday after soaring to an all-time high the previous day. fourth half life.

According to YCharts, the average fee paid on Bitcoin per transaction hit an all-time high of $128.45 on the day of the halving, before falling to $34.8 on April 21. data. The average transaction fee measures the average fee in USD terms when a miner processes a Bitcoin transaction.

On April 20, total Bitcoin transaction fees were $81 million, up from $7.7 million the previous day. data showed it The network recorded $22.37 million in total fees on April 21.

The surge in fees coincided with the launch of Casey Rodarmor’s Runes protocol, a new token standard similar to BRC-20. As individuals rushed to create rune-based meme coins, transaction fees rose.

Additionally, a halving block occurred on April 20th. It appears to have come from the ViaBTC mining pool.According to Blockchain.com, he received a base reward of 3.13 BTC ($199,579) and an additional reward of 37.6256 BTC ($2,399,135) as fees for the 3,050 transactions included in the block. tracker.

Bitcoin is said to have risen 0.9% at the time of publication and was traded at about $65,700. The Block Pricing Page.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Most Popular

If Bitcoin breaks this level, a bull market could begin

September 25, 2024

Solana TVL hits 2-year high: What’s driving growth?

October 26, 2024

Western bank faces massive asset seizure in Russia amid dispute over Gazprom subsidiary

May 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.