🚨 BTC Transaction Fees at All-Time Lows! 🚨

📉 Average BTC Transaction Fee: $0.60 (7-day avg)📉 Median Fee: Just $0.18💥 99% drop from the 2021 bull market, when average fees peaked at $62.77!

📊 What Does This Mean?

1️⃣ Network Demand Slump 📉

• Daily transactions: ~280,000, down from peak 400,000+ during high-demand periods.

2️⃣ Impact on Miners ⛏️

• Fees contribute <2% of block rewards, down from 10–15% during fee spikes.

• Increased reliance on the 3.125 BTC block subsidy.

3️⃣ UTXO Consolidation 💰

• Fees at ~2 sat/vByte make consolidating small UTXOs up to 95% cheaper than during high-fee periods.

  

🔍 Why Are Fees So Low?

✅ Reduced on-chain activity.✅ Widespread transaction batching & Lightning Network adoption.✅ Mempool is empty, leading to minimal block space competition.

💡 Take Action: Now is the perfect time to clean up your wallet and optimize UTXOs for smoother transactions in the future! 🚀