BREAKING
263d 6h ago

Bitcoin Network Experiences Record 1 BTC Gas Fee in Latest Block 897818

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to recent updates from COINOTAG, the Bitcoin network has encountered a significant event as of May 22. Mempool data indicates a remarkable transaction was processed, characterized by an astounding **gas fee** of **1 BTC**. This noteworthy fee underscores the ongoing trends in **transaction costs** within the Bitcoin ecosystem. The transaction was included in block **897818**, highlighting the increasing complexity and demand for blockchain services. As the cryptocurrency landscape evolves, fluctuations in transaction fees serve as critical indicators for traders and investors, reflecting the network’s activity and overall health. Stakeholders should remain vigilant about these changes, as they can influence **market dynamics** and inform strategic investment decisions in the crypto sphere.

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