Bitcoin transfer value jumps to $5.5B while miner fees fall to $185K
- —Transfer volume climbed from $4.4B to $5.5B week over week
- —Transaction fees dropped from $203,200 to $185,200
- —Daily active addresses fell 2.2% to 615,200
- —On Oct. 25 fees covered just 0.38% of miner revenue
Why it matters: The weak fee base raises questions about miner economics after the 2028 halving cuts the block subsidy to 1.5625 BTC.
Source: CryptoSlate