Bitcoin (BTC) $76,676.64 -0.54%
Ethereum (ETH) $2,124.82 0.26%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 84.935901 -0.10%
Dogecoin (DOGE) $0.10 -2.33%
Cardano (ADA) $0.25 0.26%
Chainlink (LINK) $9.62 1.19%
Litecoin (LTC) $54.24 0.33%
Dash (DASH) $42.90 5.86%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 0.831701 4.23%
X-Cash (XCASH) 7.0E-6 -0.84%

Cryptocurrencies: 28960

Markets: 114116

Market Cap: $2,557,594,794,866

24h Vol: $95,209,059,350

cryptonews

2021-02-10 15:38:50

Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors

Crazy Bitcoin and Ethereum Fees Dampen Rally, Help Competitors

Source: Adobe/Dušan ZidarBitcoin (BTC) and ethereum (ETH) transaction fees have spiked by 89% and 260% in the past month, as growing demand for BTC and ETH has overburdened both blockchains with unprecedented traffic. Moreover, Ethereum’s issues are seemingly boosting its competitors.Bitcoin’s median transaction fee currently sits at USD 13.75, having risen by 4,674% compared to a year

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