CCI - Certified Cryptocurrency Investigator

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An investigator is reviewing a series of transactions and notices that the fee paid for a $1 million transaction is the same as the fee for a $100 transaction. What is the primary factor that determines the cost of a Bitcoin transaction fee?

The monetary value of the Bitcoin being sent. The transaction's data size in bytes and network congestion. The reputation of the sending and receiving wallets. The number of confirmations the transaction has received.

Correct Answer:

The transaction's data size in bytes and network congestion.

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