© Reuters.
Fueled by growing interest in Ordinals NFTs, Bitcoin transaction fees rose to a six-month high, eclipsing transaction fee income for the first time in three years. Data from IntoTheBlock shows a significant increase in fees over both one- and three-month periods. Although these fees are still below the peak on May 8 and the all-time high of December 2017, this increase is an important change for Bitcoin miners. As they anticipate reduced rewards from the upcoming halving event, increased transaction fees offer potential compensation.
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