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Bitcoin Transaction Fees Hit Highest Level Since November 2022 Amid Ordinals NFTs Craze

Bitcoin Transaction Fees Hit Highest Level Since November 2022 Amid Ordinals NFTs Craze
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Orders in Bitcoin With the median transaction fee rising from $0.25 to $0.73 as a result of NFTs, transaction fees on the Bitcoin network are at their highest levels since November 2022. Not everyone is happy with the growth of NFTs, despite the fact that interest in them has led to new highs in value. By spamming jpegs, in the opinion of Rene Pickhardt, users are squandering valuable disk space.

Project for PayPal Stablecoin is on hold. BONK Token’s Popularity Declines as Solana DEX Trading Volume Freefalls After Reporting $600 Million in Crypto Holdings, VitalikButerin of Ethereum gives victims in Turkey and Syria $150,000 in ETH. Critical Vulnerability Found in the BNB Chain of Binance by Jump Crypto Without full disclosure, the SEC Chair claims that the industry won’t survive. 60% Market Cap Drop for Ethereum NFT in 2022.

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Bitcoin Transaction Fees Hit Highest Level Since November 2022 Amid Ordinals NFTs Craze
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Coinlocally exchange
Name Price24H (%)
Bitcoin(BTC)
$61,159.65
3.41%
Ethereum(ETH)
$2,716.92
2.23%
Tether USDt(USDT)
$1.00
0.00%
BNB(BNB)
$526.70
1.80%
Solana(SOL)
$145.00
0.49%
XRP(XRP)
$0.58
2.36%
Dogecoin(DOGE)
$0.106087
1.38%
Cardano(ADA)
$0.341083
1.52%
TRON(TRX)
$0.129418
2.77%
Shiba Inu(SHIB)
$0.000014
0.98%
Polkadot(DOT)
$4.53
0.11%
Litecoin(LTC)
$63.82
3.12%
Polygon(MATIC)
$0.422044
0.86%
Monero(XMR)
$150.32
0.41%
OKB(OKB)
$36.98
0.72%
ApeCoin(APE)
$0.60
0.06%
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