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ar Arabiczh-CN Chinese (Simplified)en Englishid Indonesianru Russian
bitcoin
Bitcoin (BTC) $ 69,663.66
ethereum
Ethereum (ETH) $ 2,505.06
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 574.19
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 0.511887
binance-usd
BUSD (BUSD) $ 0.9982
dogecoin
Dogecoin (DOGE) $ 0.159807
cardano
Cardano (ADA) $ 0.358477
solana
Solana (SOL) $ 166.47
matic-network
Polygon (MATIC) $ 0.317279
polkadot
Polkadot (DOT) $ 3.90
tron
TRON (TRX) $ 0.167425
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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 reveals that the typical transaction price is $18.69, up 113% from the day prior to this and 746% from a 12 months in the past.

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

    Proceed Studying on Cointelegraph

    See also  Blockaid says it brought on crypto drainer to close down, defends towards claims of 'false positives'
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