The interest rate decision announcement from the FED tomorrow Bitcoin (BTC) It affects all cryptocurrencies.
Bitcoin, which started the week with a decline, was found at $ 20,900, while the biggest altcoin the one which… Ethereum (ETH) It declined from the $1,600 level to the $1,370 level.
Blockchain Alex Svanevik, CEO of Nansen, an analytics platform Binanceand its founder CZHe said that the exchange is taking the opportunity of lower transaction fees in Ethereum.
Nansen CEO, who shared on his Twitter account, on Binance Ethereum Noting that there has been a huge increase in the use of transaction fees, he wrote:
“It seems that Binance is taking advantage of the low transaction fees on Ethereum to transfer funds.”
In the continuation of Alex Svanerik’s share, a total of 28 transaction fees on Binance in just one hour. ETH He said it was spent.
Nansen’s CEO Binance and Ethereum Binance CEO responding to the post CZconfirmed the high usage of Ethereum by exchange users.
“Probably users are choosing ETH more because now the transaction fees on Ethereum are low.”
Probably users are just choosing ETH more now the fees are low.
— CZ 🔶 Binance (@cz_binance) July 26, 2022