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23 June 2021

Bitcoin and Ethereum transaction fees sink 95% from all-time highs

Bitcoin and Ethereum transaction fees sink 95% from all-time highs


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Bitcoin and Ethereum transaction fees sink 95% from all-time highs.

The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93–95% reduction in average transaction fees over the past couple of months.

Both Bitcoin and Ethereum saw their transaction costs surge to all-time highs in 2021, in April and May, respectively, in coincidence with their rising coin valuations and price peaks.

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cointelegraph.com
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