BTC fees SOAR 198 percent while ethereum remains profitable.

in #cryptonews • 4 years ago (edited)

Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average. That is just crazy! The share of fee revenues is currently the highest it has been since the plateau of the last all-time high in January 2018.
Heres the miner revenue from fees within the last 24 hours or so. Look at how it spiked.
ElWl3YWW0AYQAJh.jpeg

The latest spike follows a jump in average daily Bitcoin fees in recent days, launching into double digits in dollar terms for the only time except for the period between November 2017 and January 2018. Absolutely crazy how much it has spiked. 198 percent! Despite the share of mining revenue represented by fees tripling in the past month for Bitcoin miners, Ethereum (ETH) miners are still raking in more fees, so It is still profitable for those with their heads in ETH.

Happy trading and stay safe!

#crypto #cryptocurrency #investment #blog
4 years ago in #cryptonews by
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