Markets· ★★· neutral·

Bitcoin users paid nearly $21 million in transaction fees in Q3

  • —July: 94.1523 BTC in fees, about $5.91 million at an average price of $62,830
  • —August: 98.4015 BTC, about $7.73 million at an average price of $78,564
  • —September: 87.5343 BTC, about $7.32 million at an average price of $83,570
  • —BTC rose over 43% in the quarter, trading at $80,984
Why it matters: Falling BTC-denominated fees signal weak on-chain demand; a Q4 rebound could point to returning activity.
#BTC
Source: Finbold
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