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Bitcoin fee fluctuations caused a short-term spike in hash price, reaching a new high after halving

2024-06-10 02:43
Odaily News Data shows that the Bitcoin network hash price reached $95 on June 8, the highest level since the halving, and this growth was due to the increase in on-chain fees. However, as of 2 a.m. EST on June 9, the hash price has fallen back to $62. One analyst attributed the increase in fees to OKX aggregating a large number of transfers. (Bitcoin.com)