While bitcoin’s price has remained above $ 68,000, onchain fees tagged along for the ride. Earlier this month, fees were below $ 1, but two days ago on Oct. 17, the average transfer fee hit a peak of $ 6.32. Today, onchain fees stand at around 22.9 satoshis per virtual byte (sat/vB), …
On Sunday at 4:30 p.m. EDT, bitcoin (BTC) is trading between $ 67,968 to $ 68,108 per unit, following a flash dip to $ 65,833 per coin after U.S. President Joe Biden announced his withdrawal from the 2024 election. The volatility on July 21 led to the liquidation of $ 37.32 …
As of May 17, 2024, bitcoin’s price stands at $ 66,303 with a market capitalization of $ 1.30 trillion and a 24-hour trading volume of $ 28.43 billion. Technical indicators from multiple time frames suggest a potential continuation of the bullish trend, albeit amidst notable market volatility. The convergence of moving averages …