App Email Discuss PodcastAverage transaction fees on the Bitcoin network have hit a new 11-month high. According to from Bitinfocharts, the average fee paid for transacting on Bitcoin hit $5.16 on May 14—a phenomenon not witnessed since June 2019.The average transaction cost increased 168% over the previous four days alone. Bitcoin fees have been on the rise ever since the turn of the year—and especially since to the block reward halving.Seen below, BTC’s average fees rose an astonishing 1,742% since January 1. Yet the majority of that growth was kickstarted on April 28—exactly two weeks...… App Email Discuss PodcastAverage transaction fees on the Bitcoin network have hit a new 11-month high. According to from Bitinfocharts, the average fee paid for transacting on Bitcoin hit $5.16 on May 14—a phenomenon not witnessed since June 2019.The average transaction cost increased 168% over the previous four days alone. Bitcoin fees have been on the rise ever since the turn of the year—and especially since to the block reward halving.Seen below, BTC’s average fees rose an astonishing 1,742% since January 1. Yet the majority of that growth was kickstarted on April 28—exactly two weeks...WW…