Bitcoin Passes $40 Average Fees, Sees Exodus to Bitcoin Cash, Dash

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Mark Mason

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Bitcoin Passes $40 Average Fees, Sees Exodus to Bitcoin Cash, Dash

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Bitcoin’s average fee approaches $42 as users flee to other chains.

Cryptocurrency has seen an incredible rise over the last month, growing from a collective market cap of $243 billion to $625 billion at present. Much of this flowed into Bitcoin, which reached an all-time high of over $20,000 and a market dominance percentage of 67.55% in early December. Over the next two weeks, however, that price has fallen to $16,285 and its market dominance now ranks at 43.9% while the net market cap of cryptocurrency has continued its rise unabated.

Average fees have risen across the board, with Dash and Bitcoin Cash remaining lowest

Read more: https://www.dashforcenews.com/bitcoin-passes-40-average-fees-sees-exodus-bitcoin-cash-dash/

 
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