Bitcoin, Ethereum Fees Move in Opposite Directions as ETH Becomes Inflationary Again

The rise in fees paid in March came along with an increase in the use of the network.

“Ethereum fees have continued to fall, this time sharply declining 37.0% down to a total of USD 424mn,” the report said.

Now, however, CryptoCompare said that the lower fees have brought the average number of ETH tokens burned daily down 49.5% for the month to ETH 3,827.

At 14:03 UTC on Thursday, BTC is trading at USD 40,600, unchanged in a day and down nearly 6% in a week.

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