Bitcoin price at $81,685 and a one-satoshi network fee: 12 cents per withdrawal

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Bitcoin is trading at around $81,685 on Sunday morning, and a transfer across the network costs as little as it rarely does: one satoshi per virtual byte, roughly twelve cents for a standard withdrawal. The mempool is anything but empty, and that is exactly what makes the picture interesting.Bitcoin traded at about $81,685 on Sunday morning. Kraken showed $81,684.70 at the hour, Coinbase $81,718, and the average over the past 24 hours sits at $81,398. Overnight the range ran from $80,655 to $81,961, a spread of just over 1.6 percent between low and high. For a Sunday, that is a quiet move. A different number is the more interesting one this morning: sending bitcoin across the network currently costs as little as it possibly can. The fee estimate from mempool.space for the next half hour stands at one satoshi per virtual byte, the technical floor that nodes on the network will still relay. A standard withdrawal from an exchange to your own wallet therefore costs around 12 cents. ...