Bitcoin and Ethereum network fees have stayed relatively low in the last month, despite the rising prices. In the initial week of 2025, the average transaction fee on the Bitcoin network stood at $1.40. Ethereum transaction fees were slightly less during the first six days of January, showing a similar calm trend.
In January 2025, Bitcoin fees decrease to $1.40 while Ethereum maintains a modest level.
At the start of the year, transaction fees paid to miners and validators on the Bitcoin and Ethereum networks are below $2 per transaction for typical transfers. Presently, conducting transactions on the Bitcoin network averages 0.000013 BTC, approximately $1.34, which equates to around 5 satoshis per virtual byte. This amount is half of the average fee observed in the last month.
Between December 7, 2024, and January 5, 2025, the average transaction fee on the Bitcoin network was roughly $3.085. In contrast, the first five days of 2025 have seen a significant decrease, with the average fee dropping to around $1.406 per transaction. Looking at the past month, the highest fee recorded was $5.927 on December 2, 2024, while the lowest fee, excluding the current rate, was $1.431 on November 17, 2024.
Compared 30-day average of $1.093 per transaction. However, this average saw a slight increase over the first five days of 2025, rising to $1.104. Looking at the past 30 days, Ethereum’s highest transaction fee was $1.606 on December 9, 2024, while the lowest fee was $0.7158 on November 29, 2024. As of January 6, 2025, the average transaction fee is 19.76 gwei, which is equivalent to approximately $1.88 per transaction.
The provided numbers specifically show the expenses related to moving ether and do not factor in decentralized exchange (dex) trades, which typically cost around $27.97 per transaction on the Ethereum network. Selling NFTs on-chain comes with a fee of about $47.26 per sale, while transferring assets between different blockchains costs approximately $8.99. Although Bitcoin transaction fees have gone down since mid-December, the number of pending transactions waiting to be confirmed has slightly increased to 189,794. At the same time, users are currently paying a median fee of $0.57 for each on-chain Bitcoin transfer.
