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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.
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