Average on-chain bitcoin payments have fallen below $2 for more than 250 days
As of July 1, the average transaction fee on the Bitcoin blockchain has remained below $2, with current onchain fees at 15.5 satoshis per virtual byte (sat/vB), translating to $1.54 per transaction. Bitcoin Payments Hit 10-Month Low OnChain Bitcoin payments have fallen to levels not seen since October 2023, which is more than 250 days. Above […]
