A combination of factors appears to be driving the increase in network fees for BTC.
Including a surge in the price of BTC that caused it to hit yearly highs of $45,000 on Dec. 5 before settling above $43,000, where it currently trades, and a spike in Bitcoin registrations. The demand for the network's capacity increased.
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#BTC Analysis
A combination of factors appears to be driving the increase in network fees for BTC.
Including a surge in the price of BTC that caused it to hit yearly highs of $45,000 on Dec. 5 before settling above $43,000, where it currently trades, and a spike in Bitcoin registrations. The demand for the network's capacity increased.