PANews February 17 News, Michael Saylor, founder of Bitcoin treasury company Strategy, posted on X that during bank holidays, Bitcoin can still transfer any amount to any location worldwide within minutes, with transaction fees of approximately $0.44 (about 1 sat/vB). During the previous “Blocksize Wars,” the market generally worried that Bitcoin would face scalability issues. However, more than a decade later, on-chain transaction fees for Bitcoin remain low, and network bandwidth resources are sufficient. This outcome again demonstrates that market mechanisms and technological innovation are often more effective than administrative emergency interventions in solving systemic challenges.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin macro risks spike as Ukraine throws a spanner in Trump's plan to stabilize oil markets
Ukraine's drone strikes have exacerbated oil market instability during the Iran war, complicating Trump's efforts to stabilize prices. This disruption risks prolonged high oil prices, leading to inflation and potential Fed rate hikes, which could challenge cryptocurrency stability.
CoinDesk11m ago
Bitcoin Drawdowns Deepen As Recovery Periods Extend Toward 300 Days
_Each 10% Bitcoin drawdown adds ~80 days, with the current recovery timeline estimated at nearly 300 days._
_Q1 2026 Bitcoin options expiry covers ~40% of open interest, with max pain anchored near $75,000._
_MARA sold 15,133 BTC at $65,300, posting a ~$236M loss while saving $88M via
LiveBTCNews12m ago
Ukraine's raid disrupts the oil market, Trump's plan is thwarted, and Bitcoin faces the risk of falling below $65,000.
Geopolitical conflicts are reshaping global financial markets, with the situations in Iran and Ukraine leading to rising energy prices, affecting the Federal Reserve's interest rate hike expectations and Bitcoin's value. Analysis indicates that rising energy costs will drive inflation, and the market is focused on Bitcoin's support levels.
GateNews21m ago
JPMorgan Says Bitcoin Shows Safe-Haven Demand During Iran War as Gold, Silver Weaken
Bitcoin has demonstrated greater resilience than traditional safe-haven assets during the Iran war, attracting net inflows and showing stronger liquidity conditions while gold and silver have faced sharp outflows and position unwinds, according to JPMorgan analysts led by managing director Nikolaos Panigirtzoglou.
CryptopulseElite26m ago
Bitunix Analyst: War Delay and Liquidity Contraction Resonance, BTC Stuck in 65K–72K Liquidation Zone
Global market performance looks stable on the surface, but internal imbalances remain. Geopolitical risks still exist. Countries are withdrawing liquidity and stabilizing their domestic currencies through different measures; the inflation logic has shifted somewhat, and a strengthening U.S. dollar reflects liquidity being withdrawn. In the crypto market, BTC is consolidating within a range-bound, choppy zone, with price volatility kept in check. In the short term, it’s necessary to watch for changes in the macro environment to find a trend breakout.
BlockBeatNews27m ago
