Bitcoin fees have collapsed to the lowest level in years!
Now: Average transaction fee ≈ 0.42$ only
Less than half a dollar to transfer any amount in the world!
The last time fees were this cheap:
- August 2024 → 0.33$
- August 2023 → 0.64$
The reason?
- End of Runes and Inscriptions congestion
- The Mempool is almost empty
- Miners are accepting even less than 1 Satoshi/byte
The golden opportunity for anyone:
wants to consolidate thousands of UTXOs at a low cost
wants to transfer Bitcoin to a cold wallet
wants to buy dollar cost average at the lowest fees in modern history
Warning: This calm may not last long…
Historically, every time fees drop to this level, congestion returns with greater strength!
