April 23, 2024

Bitcoin fees quadrupled in five days

The cost of processing transactions has increased amid increased activity by holders of the first cryptocurrency. Thisdue to the renewal of the historical high of the bitcoin price at around $ 22.8 thousand.

Bitcoin fees have risen since December 13more than 4 times, to the current value of $ 11.9. The increase in the cost of processing transactions occurs against the background of the increased activity of the holders of the first cryptocurrency, according to BitInfoCharts. On December 18, the number of unconfirmed transactions nearly reached 140,000, the second highest since the beginning of 2020.

This happened against the backdrop of a rally in the firstcryptocurrencies. On December 17, for the first time in history, it reached $ 23.8 thousand. In 6 days, the value of the asset rose by 30%. Growth accelerated after breaking the all-time high of $ 20,000.

As of December 18, 14:10 Moscow time, the bitcoin rate on the Binance crypto exchange is $ 22.8 thousand. Over the past day, it practically did not change. The daily trading volumes of the asset, according to Coinmarketcap, are $ 65.1 billion with a BTC capitalization of 429 billion.

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