I have just made a withdrawal from Coinbase of 0.00581882 BTC and the 0.00120204 BTC was a transaction fee!?
So, to the end BTC address there was only 0.00461678 BTC!
Why are the transactions fees so big. What is the point here?
BTC fees is not just abnormal but it has gone crazy. Reason for downfall of BTC will be high transaction fees with long confirmation hours. This is the reason, traditional investors has shifted to altcoins. BTC dominance also got down to only 33% today which use to be more than 50% because of this high transaction fees.