Does anyone know why this is the case? Surely it would drop right since the fees are outrageous and would move other people to buy other coins?
Its because people were not in bitcoins for the reason transaction fee is low.So,they are not going to leave bitcoin or that single reason.Mostly,bitcoin is nowadays considered as a valuable digital asset and since its price is increasing heavily,most people don't find it as a serious issue for transaction fee getting high.They just want to continue using bitcoins.