in Cryptocurrency

Ethereum gas fees on the rise following price rally

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Ethereum gas fees on the rise following price rally

In what appears like a replay of the Bull Run of 2017, transaction fees are on the rise following recent price actions. According to data from Glassnode, Ethereum gas fees hit a new all-time high of $898,000 in a single day. This is coming as the price of the digital asset broke past $1,000 in the last 24 hours.

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Source: Cryptocurrency - investing.com

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