The prospect of a spot (BTC) exchange-traded fund (ETF) being permitted quickly in the USA has elevated demand for the key cryptocurrency, resulting in a surge in transaction charges.
The Bitcoin blockchain reached $11.6 million in charges paid on Nov. 16, in accordance with statistics from CryptoFees. On the time of writing, YCharts information reveals that the typical transaction charge is $18.69, up 113% from the day gone by and 746% from a 12 months in the past.
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