The three-week development of Bitcoin surpassing Ethereum in transaction charges has come to an finish

Fast Take

A current uptrend in Bitcoin transaction charges is a improvement that has confirmed useful for miners. From Dec 14 to Jan 3, Bitcoin constantly surpassed Ethereum relating to transaction charges, marking three weeks.

Whereas not unprecedented, this phenomenon was noteworthy given the sometimes decrease Bitcoin transaction charges. Apparently, the same development surfaced briefly in November when Bitcoin transaction charges outpaced Ethereum’s for 3 days.

Nevertheless, this current streak fell in need of the file set in 2017, when Bitcoin transaction charges outperformed Ethereum’s for roughly a yr. Whereas the current development has concluded, the fluctuation in transaction fees between the 2 digital property stays a focal point.

Stakeholders are urged to watch these tendencies as they might have important implications for mining profitability and the broader digital asset market dynamics.

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