Bitcoin Transaction Fees Reach New Highs as BTC Approaches All-Time High
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The rise in Bitcoin prices has led to an increase in transaction fees, indicating growing demand. Despite a 35% drop in daily trading volume, the seven-day average transaction fee has risen to a historical high of approximately $2.40, reflecting a resurgence in Bitcoin's dominance. However, the intensifying supply squeeze trend may signal the possibility of future price increases.
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