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Bitcoin's Transaction Backlog Surges Past 400,000

Bitcoin.com - 20 Aug 2023 18:30
Bitcoin's Transaction Backlog Surges Past 400,000 A fortnight ago, unconfirmed BTC transactions dipped under 300,000. However, they’ve since rebounded, surpassing the 400,000 mark. While the average network fee remains under $1, since August 6, it’s fluctuated from $0.77, peaking at $2.59 per transaction just two days later on August 8. Presently, the average transaction fee hovers around 0.000032 BTC, equating to […]
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