Summary
- According to IntotheBlock, Ethereum (ETH) fees have dropped by more than 70% this week due to increased gas limits.
- ETH is currently trading at $2,699.21 on the Binance USDT market, up 1.64% from the previous day.
- The fee reduction and price increase are notable factors for investors.
Crypto market data platform IntotheBlock announced via X (formerly Twitter) on the 14th (local time) that "Ethereum (ETH) transaction fees have dropped by more than 70% this week due to increased gas limits."
Meanwhile, ETH is trading at $2,699.21 on the Binance USDT market as of 00:17, up 1.64% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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