Bitcoin fees hit 20-month high as miner revenues match $69K BTC price

Bitcoin miners are the main beneficiaries of current sky-high transaction fees, data shows, but many longtime market participants have little time for complaints.

Bitcoin (BTC) on-chain transaction fees are dividing opinion as the cost of sending BTC skyrockets.

Data from statistics resource BitInfoCharts puts the average transaction fee at nearly $40 as of Dec. 17.

The latest wave of Bitcoin ordinal inscriptions have resulted in a fresh wave of elevated transaction fees for all network users — but some believe that they are here to stay.

Read more

bitcoin
Bitcoin (BTC) $ 76,577.00
ethereum
Ethereum (ETH) $ 2,265.93
tether
Tether (USDT) $ 0.999489
bnb
BNB (BNB) $ 616.77
xrp
XRP (XRP) $ 1.37
solana
Solana (SOL) $ 83.49
dogecoin
Dogecoin (DOGE) $ 0.10841
chainlink
Chainlink (LINK) $ 9.11
shiba-inu
Shiba Inu (SHIB) $ 0.000006
nexo
NEXO (NEXO) $ 0.897646
enjincoin
Enjin Coin (ENJ) $ 0.057632
cardano
Cardano (ADA) $ 0.246987