Bitcoin Fees Skyrocket 250% as Transaction Volume Nears 2017 Peak

By CCN: Research in the latest issue of Diar reveals that Bitcoin transaction fees skyrocketed 250% in April as BTC blocks grew nearly as full as they were during December 2017 when the Bitcoin price peaked at just under $20,000. SegWit Usage Drops Average Fees Significantly Fees were much lower than at that time, because SegWit usage has steadily increased in the intervening months. Diar writes: “On-chain volume still heavily used for ramping on and off exchanges has been the main culprit