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Despite Unexpected Market Dip, Ethereum Transaction Fees Moves up to $50

Despite Unexpected Market Dip, Ethereum Transaction Fees Moves up to $50 – Latest Crypto News

According to , Ethereum(ETH) transaction fees have increased to 1,450 Gwei, the unit for measuring Ethereum’s gas prices. The surge amounts to over $50 for a high-speed transaction. Ethereum fees soared above $50 even though the crypto market plunged into a red zone and ETH’s price has plunged to $1,700.