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Bitcoin Transaction Fees Rise to 28-Month High as Hashrate Drops Amid Price Rally

The cost of doing transactions on bitcoin is surging while the network suffers its worst congestion in nearly three years.As of Wednesday, the mean fee per transaction, or the average transaction cost, was 0.00086764 BTC, the highest since June 2018, according to data source Glassnode. In dollar terms, the average

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Bitcoin price drops to $13.3K after matching peak of 2019 bull run

Bitcoin (BTC) retreated to $13,300 on Oct. 28 after a retest of its 2019 resistance levels was met with rejection. Cryptocurrency market overview from Coin360Data from Cryptox Markets, Coin360 and TradingView show volatility rising during Wednesday after BTC/USD hit $13,850.After failing to reach $14,000, uncertain conditions prevailed, culminating in a brief

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Market Wrap: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops

Bitcoin blows past its previous 2020 high while ether’s crypto market share dips from its 2020 high in September.Bitcoin (BTC) trading around $12,709 as of 20:00 UTC (4 p.m. ET). Gaining 6.4% over the previous 24 hours.Bitcoin’s 24-hour range: $11,863-$12,916BTC above its 10-day and 50-day moving averages, a bullish signal

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