Bitcoin average transaction fees lowest in two years at $1.04 By Cointelegraph

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Bitcoin average transaction fees lowest in two years at $1.04

The average transaction fee per (BTC) transaction made a complete 360-degree over nearly two years to settle down at $1.039, a number which was last recorded back in June 2020.

The BTC transaction fee is the cost to transfer any amount of BTC, which is also directly proportional to the time it takes to validate and complete the transaction.

Average BTC transaction fee in U.S. dollars. Source: blockchain.com
All-time high BTC average transaction fees. Source: blockchain.com
BTC market price chart 2022. Source: TradingView