Bitcoin transaction fees in April 2024 mirror past spikes during market events

James Van Straten

On-chain Highlights DEFINITION: The total amount of fees (USD Value) paid to miners. Issued (minted) coins are not included. Bitcoin’s total transaction fees exhibit significant fluctuations over time. The charts illustrate a substantial spike in transaction fees around April this year. The peak around this period suggests increased network activity and congestion, which directly results […]

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Bitcoin transaction fees in April 2024 mirror past spikes during market events