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.
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