Home Crypto Mining The three-week pattern of Bitcoin surpassing Ethereum in transaction charges has come to an finish

The three-week pattern of Bitcoin surpassing Ethereum in transaction charges has come to an finish

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The three-week pattern of Bitcoin surpassing Ethereum in transaction charges has come to an finish

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Fast Take

A latest uptrend in Bitcoin transaction charges is a growth that has confirmed useful for miners. From Dec 14 to Jan 3, Bitcoin constantly surpassed Ethereum relating to transaction charges, marking three weeks.

Whereas not unprecedented, this phenomenon was noteworthy given the sometimes decrease Bitcoin transaction charges. Apparently, an identical pattern surfaced briefly in November when Bitcoin transaction charges outpaced Ethereum’s for 3 days.

Nonetheless, this latest streak fell in need of the report set in 2017, when Bitcoin transaction charges outperformed Ethereum’s for roughly a 12 months. Whereas the latest pattern has concluded, the fluctuation in transaction charges between the 2 digital property stays a focal point.

Stakeholders are urged to watch these tendencies as they may have important implications for mining profitability and the broader digital asset market dynamics.

Fees, BTC vs ETH: (Source: Glassnode)
Charges, BTC vs ETH: (Supply: Glassnode)

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