Bitcoin fees plummet 95% as BTC price recovers from US gov't scare

México Noticias Noticias

Bitcoin fees plummet 95% as BTC price recovers from US gov't scare
México Últimas Noticias,México Titulares
  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Relieved? Bitcoin fees return to near normal after ordinals mayhem.

According to data from monitoring resource, even on May 10, the average fee had fallen below $15 — a drop of over 50% versus the day prior.

Reacting, Checkmate, lead on-chain analyst at Glassnode, took to task those who had called for code-changing measures to prevent fees from rising so heavily in future., fees had surged as a result of ordinals inscriptions greatly increasing on-chain activity and demand for block space. “24hrs later, the average fees paid per block has returned to ~1.0 $BTC per block. Imagine arguing to change Bitcoin rules for a short-term fee spike due to people using the chain in ways you don't agree with,” he

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Cointelegraph /  🏆 562. in US

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Bitcoin traders offer downside targets as BTC price risks sub-$25K dipBitcoin traders offer downside targets as BTC price risks sub-$25K dipBitcoin risks further drops which could see BTC price fall below $25,000, analysis claims
Leer más »

Bitcoin eyes $28K push as traders demand CPI day BTC price volatilityBitcoin eyes $28K push as traders demand CPI day BTC price volatilityBitcoin arrives at CPI day with BTC price still lingering below $28,000.
Leer más »

Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’Bitcoin cracks $28K on CPI amid warning US inflation ‘highly elevated’Bitcoin offers instant gains on CPI data with BTC price hitting $28,300.
Leer más »

Bitcoin (BTC) Heavily Shorted on BitMEX, Here's Where This Might LeadBitcoin (BTC) Heavily Shorted on BitMEX, Here's Where This Might LeadBitcoin (BTC) faces massive selling pressure on BitMEX, what's next? BTC $BTC
Leer más »

Here's Why Bitcoin (BTC) Suddenly Regained $28K: DetailsHere's Why Bitcoin (BTC) Suddenly Regained $28K: DetailsBitcoin (BTC) surprises market by reclaiming $28K, here's what happened BTC $BTC
Leer más »

I Have Been Accumulating on Cardano (ADA) Lately: Crypto Capital Venture FounderI Have Been Accumulating on Cardano (ADA) Lately: Crypto Capital Venture FounderCrypto Capital Venture founder cryptorecruitr has admitted to holding memecrypto and supporting BitcoinOrdinals. $BTC Cardano
Leer más »



Render Time: 2025-02-25 20:46:12