Babylon Bitcoin staking drives BTC fees above $130

Naga Avan-Nomayo

A Bitcoin fee bidding war erupted on Aug. 22 as Babylon debuted phase one of its native BTC staking offering. Early on Thursday, Aug. 22, the average Bitcoin (BTC) transaction fee was under $1. Closer to noon, users had to…

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Babylon Bitcoin staking drives BTC fees above $130