Bitcoin fee income was only about $20.3 million this week, a drop of more than 33%
Data shows that as the market adjustment is approaching, Bitcoin fee income has seen a significant drop this week. According to the blockchain analysis platform IntoTheBlock, Bitcoin fee income this week was only $20.3 million, a decrease of 33.1%. Analysis suggests that this situation may be related to the decline of the BRC-20 trend and the decrease in Bitcoin Ordinals activity. In addition, since the approval of the spot Bitcoin ETF, $700 million worth of BTC has been withdrawn from CEX.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DNA: Trade to share 1,000,000 DNA
Bitget to Adjust CFD Leverage During Special Trading Periods in the Third Week of October 2026
Bitget Spot Margin Announcement on Suspension of WIN/USDT, PUMPBTC/USDT Margin Trading Services
Bitget CFD Holiday Trading Hour Adjustment During October 2026
Crypto prices
More
