---
title: "Bitcoin transfer costs fall to 2020 lows"
url: https://diffcoin.com/bitcoin-transfer-costs-fall-to-2020-lows/
description: "Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower…"
published: 2024-07-10
updated: 2024-07-10
author: "Mila"
site: "Diffcoin"
---

# Bitcoin transfer costs fall to 2020 lows

Bitcoin transaction fees hit a four-year low on July 7, falling to $38.69. Miners remain profitable due to reduced network difficulty and lower computational power needs.

[Source link](https://cointelegraph.com/news/bitcoin-transaction-fees-lowest-2020?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)