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bitcoin
Bitcoin (BTC) $ 62,226.67
ethereum
Ethereum (ETH) $ 2,419.28
tether
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bnb
BNB (BNB) $ 562.20
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    HomeCrypto Finance

    Bitcoin charges skyrocket on spot BTC ETF hype

    Crypto Finance
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    Latest News

    The prospect of a spot (BTC) exchange-traded fund (ETF) being authorised quickly in the US has elevated demand for the most important cryptocurrency, resulting in a surge in transaction charges.

    The Bitcoin blockchain reached $11.6 million in charges paid on Nov. 16, in line with statistics from CryptoFees. On the time of writing, YCharts information exhibits that the typical transaction payment is $18.69, up 113% from the day past and 746% from a yr in the past.

    Bitcoin transaction charges between January 2023 and November 2023. Supply: CryptoFees

    Proceed Studying on Cointelegraph

    See also  Ether ETF purposes flood the SEC as ProShares information the eleventh
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