Bitcoin Transaction Fees Decrease by 15% as Price Stabilizes at a Discount
Login

Bitcoin Transaction Fees Decrease by 15% as Price Stabilizes at a Discount

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more



Bitcoin transaction fees drop by 15% as the price settles at a discount. The transaction fees decreased by almost 15% during the week, according to statistics made public by the crypto analytics firm IntoTheBlock.

Check out this X post to learn more about Bitcoin transaction fee drop.

A fall in net profit for miners, cheaper transactions for customers, and a rise in demand for Bitcoin could be the result of the reduced fees. A significant BTC price spike is about to occur due to the potential for increased demand for BTC.

https://youtu.be/9hQyWbClx54?si=b13va5ZRBMtaavcg

 

Watch this and read on for updates on the BTC market.

Bitcoin Key Levels to Watch (August 27)

Bitcoin Transaction Fees Decrease by 15% as Price Stabilizes at a Discount

The market’s trading range has been between $31050.00 and $19569.00 for the past six months. At $31050.00 resistance, BTCUSD retraces into an equilibrium level of the market’s trading range.

However, the bullish trend resumed as the MA Cross made a bullish cross in June 2023. Following a liquidity sweep at the old high of $31050.00, a retracement ensued, sinking BTCUSD into the discount zone. As the price leaves the discount zone, the bullish trend will likely resume.

Bitcoin Key Levels

Resistance Levels: $28661.00, $31050.00, $36800.00
Support Levels: $24750.00, $22655.00, $19569.00

Total Market Capitalization: $1.06T
Bitcoin Market Capitalization: $508B
Bitcoin Volume: $6.8B
Market Rank: #1

 

You can purchase Lucky Block here.  Buy LBLOCK

Note: Learn2.trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News