The latest airdrop in the NFT space led to an increase in gas fees on Ethereum.
These had a dramatic effect on the price of bitcoin, which went from over $24,000 to under $21,500 in a matter of a week. The latest multi-week low came on Monday at $21,375 , while the community focused on the CPI numbers about to be announced yesterday.south quickly before it shot up to over $22,000 later during the day. The asset has remained there as of now as well, as it’s 1.75% up on the day.This is all you need not to miss any price action in the raging crypto markets.
Somewhat expectedly, this resulted in a gas fee increase on Ethereum, with certain cases going up to $200 per transaction. BLUR is currently down to $0.77 on CMC after spiking to above $5 shortly after the airdrop. Overall, though, the crypto market cap is up by more than $30 billion daily and sits well above $1 trillion.
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