The last time Bitcoin went up, traders and holders were happy with the price, but saddened by the terrible transaction costs. Unfortunately, sometimes the cost to move money is greater than the amount of money transferred. For crypto assets that try to be a direct replacement fiat money, bitcoin should at least be cheap to transact as cash.
I think this is the problem faced by all the bitcoin users that the transaction fee of bitcoin is very high and people are in very trouble that there is no such proper regulating body who keeps on eye over all these activities and moreover this crypto currency is not that centralised so no country takes no responsibility for that irregular transactions fee because I think those who are there , are just trying to recover the loses that has been done by that deflating valuation in last past 4 months.