Unconfirmed transactions on Bitcoin network at highest level since 2017 By Cointelegraph


Unconfirmed transactions on Bitcoin network at highest level since 2017

The network has slowed down amid Bitcoin’s (BTC) new price highs, causing a large number of unconfirmed transactions.

According to the mempool transaction count on Blockchain.com, the number of unconfirmed Bitcoin transactions surpassed 100,000 on Oct. 27. This is the highest number of unconfirmed Bitcoin transactions recorded since late 2017, when Bitcoin hit $20,000.

Total of unconfirmed transactions at publishing time. Source: Blockchain.com