Transaction Fees Plunge to 35% of Bitcoin Miner Revenue Post-H | Bitcoin & Crypto Trading
Transaction Fees Plunge to 35% of Bitcoin Miner Revenue Post-Halving: CryptoQuant
Transaction fees have fallen from $80 million on the halving day to $6 million as of April 26. The portion of Bitcoin miner revenue coming from transaction fees has fallen significantly after surging on the day of the last halving event. A CryptoQuant report revealed that transaction fees now represent 35% of total miner revenue, a significant decline from the 75% recorded on April 19.
