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Ethereum Transaction Fees Drop Nearly 94%, What's Up?

The price of the top cryptocurrencies varied in trading Monday (13/5/2024). Bitcoin and Ethereum prices are in the green.

Based on data from Coinmarketcap.com, the price of the cryptocurrency with the largest market capitalization, Bitcoin (BTC), rose 0.64 percent in the last 24 hours. However, over the past week, the price of bitcoin fell 4.69 percent. Currently, the price of bitcoin is at USD 61,396 or around Rp. 994.78 million (assuming the exchange rate of the United States dollar against the rupiah is around 16,061).

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Ethereum (ETH) price rose 0.21 percent in the last 24 hours. Meanwhile, over the past week, Ethereum's price was cut by 7.53 percent. Now, the price of Ethereum is at USD 2,923.05 or around IDR 46.93 million.

Likewise, the price of Binance Coin (BNB) turned green in the last 24 hours. BNB price rose 0.22 percent. However, over the past week, the price of BNB fell slightly by 0.16 percent. Currently, the price of BNB is at USD 594.02.

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Meanwhile, the price of solana (SOL) plunged 1.2 percent over the last 24 hours. However, over the past week, the price of Solana fell 2.46 percent. Currently, the price of Solana is at USD 144.18.

The price of the XRP crypto fell 1.31 percent in the last 24 hours. Over the past week, the price of XRP slipped 6.19 percent. Now, the price of XRP is at USD 0.4999.

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On the other hand, the price of toncoin (TON) turned green in the last 24 hours. The price of toncoin rose 2.17 percent in the last 24 hours. Toncoin is still leading the gains. Over the last 24 hours, the price of toncoin (TON) soared 17.57 percent.

Meanwhile, the price of Dogecoin (DOGE) fell 1.96 percent in the last 24 hours. In the last week, the price of Dogecoin fell 13.41 percent. Now, the price of Dogecoin is at USD 0.1413.

Cardano price weakened 0.44 percent in the last 24 hours. Meanwhile, over the past week, the price of Cardano (ADA) was cut by 4.88 percent. Currently, the price of Cardano is at USD 0.4375.

Today's crypto prices such as stablecoin tether (USDT) are in the green zone in the last 24 hours. Over the past week, the USDT price was cut by 0.08 percent. The USDT price is at USD 0.9996.

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Additionally, USDC price rose 0.01 percent in the last 24 hours. Over the past week, USDC price has been in the green zone. Now, the USDC price is at USD 1.00.

Global crypto market capitalization rose 0.48 percent in a day to USD 2.27 trillion.

Ethereum Transaction Fees Drop Nearly 94%, What's Up?

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