Bitcoin Fees Hit Satoshi-Era Levels as Blockspace Demand Evaporates

Bitcoin transaction fees have fallen to their lowest point in more than a decade, highlighting a major shift in how the network is being used. Glassnode data shows that the 14-day simple moving average of daily fees now sits at 3. 5 BTC, a level not seen since 2011 when the protocol was still in its early adoption phase. Why is Bitcoin’s Network Fee Declining? Weaker demand for blockspace has driven the decline, reflecting Bitcoin’s broader shift in purpose source: https://beincrypto.com/bitcoin-daily-transactions-fees-fall-to-2011-levels/