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Bitcoin and Ethereum transaction fees have fallen to their lowest levels in seven months

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2024-06-24 09:12:47
Transaction fees for Bitcoin and Ethereum have fallen to their lowest levels in seven months as the cryptocurrency market endured its bleakest week of 2024. Bitcoin's average transaction fee hit $1.93 per transaction on June 23, the lowest level since October 2023. The Bitcoin network's low gas fees are a sign of reduced network activity and less competition.
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