![Onchain-Bitcoin-Fees-in-2024-A-Closer-Look-at-Transaction.jpg Onchain Bitcoin Fees in 2024: A Closer Look at Transaction Costs and Delays](https://cryptotoptrends.com/wp-content/uploads/2024/02/Onchain-Bitcoin-Fees-in-2024-A-Closer-Look-at-Transaction-678x381.jpg)
Data gathered over the last 36 days reveals that the Bitcoin network’s average transfer fee has consistently exceeded the $3.68 mark, while costs for median-sized transactions have not dipped below the $1.67 threshold. As of Feb. 6, 2024, insights from Bitcoin’s transaction queue highlight a significant backlog of 221,799 transactions awaiting confirmation. Bitcoin Transfer Fee […]
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