Bitcoin and Ethereum Transaction Fees Drop to Seven-Month Lows
Bitcoin and Ethereum transaction fees have dropped to their lowest levels in seven months, indicating decreased network activity. Bitcoin fees fell to $1.93 per transaction, while Ethereum gas prices hit 1 gwei. This decline is partly due to activity shifting to Ethereum’s layer-2 network after the Dencun upgrade.
Source: ultramining.com ↗
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