What is the current Bitcoin network fee?

The current state of Bitcoin's Average Transaction Fee is noteworthy, as it stands at 0.7317, marking a decline from the previous day's figure of 0.7969. This downward trend indicates a shift in the network's transactional dynamics.

Looking back over a longer period, the Average Transaction Fee has experienced a significant drop from its level one year ago, which was 2.573. This represents a substantial decrease of 71.56% from that time.

The recent decrease in the Average Transaction Fee can be attributed to various factors, including changes in network congestion, miner behavior, and the overall demand for Bitcoin transactions.

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