Bitcoin fees spike 198% but Ethereum still more profitable

Bitcoin (BTC) transaction fees have nearly tripled in three days, from $3.52 to $10.20 on average.

According to crypto market data aggregator Glassnode, 22.25% of Bitcoin miners’ income is currently made up of fees, with the other 77.75% coming from block rewards. The share of fee revenues is currently the highest it has been since the plateau of the last all-time high in January 2018 — which followed fee revenues spiking to almost a 45% share during the previous month.


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