So far this month, average Bitcoin transaction fees have risen more than 1,000%, reaching a peak of $18.67

Odaily News CryptoFees data shows that from November 16 to 18, the average daily cost of Bitcoin was US$10.65 million, exceeding the average cost of Ethereum during the same period by US$6.9 million. According to data from BitInfoCharts, average Bitcoin transaction fees have increased significantly since the beginning of the month, rising by more than 1,000% and peaking at $18.67 on November 16. The surge reflects optimism over the potential approval of a U.S. spot Bitcoin exchange-traded fund (ETF). (Beincrypto)