Bitcoin fees are the highest since last summer, the average cost to send is around $ 2.50

Bitcoin fees are the highest since last summer, the average cost to send is around $ 2.50

Bitcoin is increasing its fees after ‘HALVING‘, and they are currently the highest since last summer when we experienced the highest demand and BTC prices in 2019.

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14 May 2020 , 18:20 @ Katie Müller

Bitcoin fees are the highest since last summer, the average cost to send is around $ 2.50

Bitcoin is increasing its fees after ‘HALVING‘, and they are currently the highest since last summer when we experienced the highest demand and BTC prices in 2019. The Founder of Quantom Economics Mati Greenspan informs us on his twitter.

If you currently want to send your BTC, on average this will cost you $ 2.50.

Other interesting facts from the current events on the markets include the fact that after ‘BTC HALVING‘, exchange net flow decreased significantly.

glassnode

It is interesting to follow the current behavior of investors and subsequent changes in the market after such a big event as ‘HALVING‘. On the one hand, we can see the increasing interest of speculators before ‘HALVING‘, and after we can see declining activity.

Today however, it looks like activity waking up again, and BTC has almost reached $ 10,000 again, with the highest daily maximum $ 9938 (binance).

Read also the article “Bitcoin have best performance from asset classes in 2019-2020”

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    Katie Müller

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