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​The BTC Fee Ratio Multiple (FRM) Hits Lowest Level Since Jan 2018

Mary Liu

Summary: According to the data of the Glassnode, the Bitcoin fee ratio multiple (FRM) is at its lowest level since January 2018. FRM is related to demand and is caused by higher transaction fees.  FR (%) = miner income ($) / transaction volume ($). Basically, a lower FR value is ideal, indicating higher network security. By Mary ...

According to the data of the Glassnode, the Bitcoin fee ratio multiple (FRM) is at its lowest level since January 2018. FRM is related to demand and is caused by higher transaction fees. 

FR (%) = miner income ($) / transaction volume ($). Basically, a lower FR value is ideal, indicating higher network security.

By Mary Liu

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