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Bitcoin Network Faces Downturn in Transactions and Fees as Halving Approaches – Blockchain Bitcoin News

February 19, 2024
in Cryptocurrency
Reading Time: 1 min read
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Bitcoin Network Faces Downturn in Transactions and Fees as Halving ApproachesThe amount of every day transactions on the Bitcoin community has seen a major decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to beneath 300,000 transactions per day. This downturn is in sync with a lower within the every day creation of Ordinal inscriptions, total easing congestion and decreasing onchain charges. Community Exercise […]

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Tags: approachesBitcoinBitcoin (BTC)Bitcoin Feesbitcoin halvingBitcoin Minersbitcoin transfersBlockchainBTC transactionsCryptoCryptocurrencyDownturnFacesFeesHalvingNetworknewsTransactions
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