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Bitcoin Transaction Fees Have Grown By 800% In One Month

Ramsey Baker

Summary: Transaction fees have experienced abnormal volatility during Bitcoin’s (BTC) third halving, growing by more than 800% in just one month. From April 11 to May 14, BTC transaction fees skyrocketed as they increased by more than 1,250% from $0.38 to $5.16. While Bitcoin transaction fees have since dropped by about 33.3% to around $3.44 at ...

Transaction fees have experienced abnormal volatility during Bitcoin’s (BTC) third halving, growing by more than 800% in just one month.

From April 11 to May 14, BTC transaction fees skyrocketed as they increased by more than 1,250% from $0.38 to $5.16. While Bitcoin transaction fees have since dropped by about 33.3% to around $3.44 at the time of writing, fees have risen by 36.5% since the block reward halving on May 11.

By Ramsey Baker

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