Bitcoin Network Fees Hit Historic Lows! 📰
Bitcoin’s 30-day moving average of daily transaction fees has dropped to just 2.5 $BTC per day marking its lowest level since 2011. This sharp decline signals reduced on-chain activity and weaker demand for block space, often seen during quieter market phases or cooling speculation.
What it means:
Low fees suggest the network isn’t congested but they also hint that retail participation and urgency in transactions are currently muted.
Smart money watches silence! 👀
#Bitcoin #Macro Insights#BTCBackTo70K $BTC