Babylon Staking Sparks Bitcoin Fee Surge: Transfers Hit $105 Before Plummeting

On Aug. 22, Bitcoin’s onchain transaction fees took off, soaring to much than 1,250 satoshis per virtual byte (sat/vB), which translated to implicit $105 per transportation astatine 8:45 a.m. EDT. However, by 9:40 a.m. EDT connected Thursday, fees had dropped to 625 sat/vB oregon $53.26 per transaction. Bitcoin Miners Rejoice arsenic Fees Hit $105 The […]