Bitcoin Transaction Fees are Dropping to $1, Can This be Sustained Long-Term?

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Over the past few days, bitcoin transaction fees have dropped to around $1 for median-size payments, even though the bitcoin mempool size has remained relatively high at above 120 million bytes. $1 Fees Widely utilized bitcoin wallet platforms like Blockchain are recommending a fee of 55 satoshis per byte, which round up to just above … Continued

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