March, April, and May were big months for Bitcoin–after a cliff-dive in the price of Bitcoin on March 12th, Bitcoin has slowly and steadily recovered to nearly $10,000, where it was before the coronavirus pandemic slammed into the global economy. Much of the price rally is attributed to the halving that occurred last week. However, there’s another big change that has taken place on the Bitcoin network over the past month: CoinTelegraph reported that from April 11th to May 14th, the average cost of Bitcoin network transaction fees increased by…
Read MoreBitcoin Transaction Fees Increased 1250% from April 11th to May 14th
