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Thursday, November 21, 2024

Average fees on the bitcoin network fell to a minimum since January 2021

The decrease in commissions occurs against the background of the fall in the rate of the main cryptocurrencybitcoin– . Digital coin fell 35% in May.

The average transaction fee on the bitcoin network has dropped to $ 7, according to BitInfoCharts, the lowest in the last five months. In mid-April, when the digital coin renewed its all-time high at around $ 64.3 thousand, record commissions of $ 62 were recorded in its network.

After that, bitcoin quotes went down, and on May 19 there was a collapse – for the first time since January, the coin fell to $ 30 thousand. Against this background, the average transaction in the main cryptocurrencybitcoin– network also decreased. At the end of May, bitcoin fell by 35%, and as of June 1 is trading at $ 36.1 thousand.

Also in May, a 27% decrease in the hash rate of the bitcoin network was recorded. On May 13, the hashrate of the main cryptocurrency network was 171 EH / s, but by May 30, this figure had dropped to 124 EH / s.

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