BitcoinL1
BTC$74,248+0.2% 24has of 2026-11-10 10:17 UTC
Polygon35.9×
Celo73.2×
Tron103×
Katana125×
Starknet164×
Solana197×
Linea232×
Arbitrum248×
Fair price
$10,722
−85.6% from $74,248
Pays $18.1K per $1 of yearly fees · median $2.61K
Undervalued rank
#49of 59
#49 of 59 ranked by revenue multiple (90d)
Key figures
- FDV
- $1.49T
- fully diluted
- Market cap
- $1.49T
- circulating
- Yearly fees
- $82.6M
- $20.4M over 90/90 days
- Transfer fee
- $0.1162
- to send the native token
// fee history
Daily fees
- Latest day
- $201KNov 9
- Daily average
- $226K90 days
- Peak
- $379KAug 21
- Coverage
- 90/90dcomplete
Bitcoin daily fees from Aug 12, 2026 to Nov 9, 2026: latest $201K, average $226K per day, peak $379K on Aug 21, 2026.
Complete UTC days through Nov 9, 2026. Missing days are left as gaps, never filled with zero. The range only changes the view; the multiple uses the 90d window.
// peers
Chains like Bitcoin
Nearest multipleclosest FDV / fees
Similar fee scaleclosest annualized fees
// next
Put Bitcoin side by side with another chain
Fair price, value vs fees and fees, side by side.
- Polygon35.9×
- Celo73.2×
- Tron103×
- Katana125×
- Starknet164×
- Solana197×
- Linea232×
- Arbitrum248×
// about
Bitcoin’s fees and valuation
Bitcoin ranks #49 of 59: at $1.49T FDV and $82.6M of yearly network fees, its revenue multiple of 18,076× sits above the median. The market is paying up for more than its fees: at the median multiple BTC would be $10,722 (−85.6%).
For comparison, Bitcoin is 14× pricier than Ethereum (1,268×).
On Bitcoin today, sending BTC costs about $0.12.
// faq
Bitcoin FAQ
Is Bitcoin undervalued?
Not by its fees. Bitcoin's revenue multiple of 18,076× is above the median chain's, so it ranks #49 of 59.
How much does Bitcoin earn in fees?
$82.6M a year, annualized from the last 90 days of network fees (DefiLlama).
How much does a Bitcoin transfer cost?
About $0.12 to send BTC right now, read live from the network every hour.
What would BTC be worth at a fair revenue multiple?
$10,722, −85.6% from $74,248 today. That's the price at the median revenue multiple of all ranked chains.
Why is Bitcoin’s fair price so low?
At the median revenue multiple, BTC would be worth $10,722 (−85.6% from $74,248 today). That's because Bitcoin isn't valued for the fees its network earns: it's valued as a store of value in its own right, digital gold. Its $82.6M of yearly fees are a small fraction of its $1.49T valuation, so a fees-based fair price says little about what BTC is worth. It's on the list as a reference point.