The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks- thanks to a surge in Ethereum-style "BRC-20" tokens and NFT-like "inscriptions" on the increasingly popular Ordinals project.
Bitcoin's Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
Coin Desk - 4 May 2023 23:30
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks- thanks to a surge in Ethereum-style "BRC-20" tokens and NFT-like "inscriptions" on the increasingly popular Ordinals project.
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