Nic Carter: Bitcoin transaction costs will exceed $1 billion

Castle Island Ventures partner Nic Carter today announced that the bitcoin transaction costs will exceed $1 billion. Nic Carter also cited a tweet from the Coinmetrics weekly chart, which shows that Bitcoin's cumulative transaction costs are about to exceed $1 billion, and there was a significant peak in early 2018, followed by a surge, Nic Carter explained. This is because in late 2017 and early 2018, there were some crises that led to reduced trading pressures and reduced costs.