Data: Bitcoin average transaction fees drop to the lowest level in recent years

2025-02-15 21:16:44

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ChainCatcher news, CryptoQuant analyst Maartunn stated that the average transaction fee for Bitcoin is currently 0.000013 BTC (approximately $1.27), reaching its lowest point in years.

In May 2023, December 2023, and April 2024, Bitcoin transaction fees surged multiple times. These increases were primarily driven by the launch of the Runes protocol and a significant rise in Bitcoin prices. At that time, the number of unconfirmed transactions in the mempool increased dramatically, leading users to pay higher fees for faster confirmations.

Now, the mempool is idle, the popularity of Bitcoin inscriptions has declined, and many retail investors seem to be exiting the market again. This is an excellent time to optimize wallet management. If your Bitcoin is spread across multiple addresses, now is a low-cost opportunity to consolidate them.

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