Post-Halving Reality: Average Bitcoin Transaction Fee Rises to $4

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The transaction fees on the Bitcoin network have increased by more than 1,300% since the beginning of the year, with the halving pushing the amount necessary to perform a transaction all the way up to $5.1 on May 11. However, despite the huge increase in fees, many pointed out that Bitcoin is still a lot faster and cheaper than traditional bank transfers and PayPal.


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