Bitcoin Transaction Fees Slide Significantly Post Halving | Chart of the Day

Bitcoin transaction fees have significantly lowered following the halving, with medium-priority transactions now costing $8.48 while high-priority transactions costing $9.32, according to data from Mempool.space. The hashprice index, a metric created by Luxor to quantify how much a miner can expect to earn from a specific quantity of hashrate, has also dropped from $182.98 per hash/day to $81. CoinDesk’s Jennifer Sanasie presents “Chart of the Day.”

#cryptocurrency #digitalfinance #finance #bitcoin #crypto #chartoftheday #transactionfees #bitcoinhalving #mempool #hashrate
Subscribe to CoinDesk on YouTube: https://www.youtube.com/user/CoinDesk?sub_confirmation=1

Site: https://www.coindesk.com
Twitter: https://www.twitter.com/coindesk
LinkedIn: https://www.linkedin.com/company/coindesk/
Instagram: https://www.instagram.com/coindesk
Facebook: https://www.facebook.com/CoinDesk
Newsletters: https://www.coindesk.com/newsletters

CoinDesk Podcast Network: https://open.spotify.com/show/2jyIhkvAQhed8AWDZiPpSP
Markets Daily Crypto Roundup: https://open.spotify.com/show/7sDXM8BlxsUqzL2IqmLqwE

CoinDesk is the leading digital media, events and information services company for the crypto asset and blockchain technology community.