What is going on with the fees and why is an ETH transaction more expensive than a Bitcoin transaction?
Not always, this varies from wallet to wallet, as well as according to the different exchanges, there are bitcoin wallets that have higher fees than Ethereum and the matter also differs between exchanges where there are exchanges with low fees and other exchanges with high fees.
Also, it is related to network pressure. You have to choose the right time to send. If there is high pressure on the Ethereum network, the fees are high and if there is no congestion the fees are low.
This is right. We all can see that right now the number of ETH transactions is huge! The reason is that people are following each other to buy ETH for holding. There is rumor about the pump of ETH in the market, that makes people rush to buy ETH. It is a common thing that when the number of transactions is high, the fee will be high as well. Also, because the pressure is too much, the time it takes to finish the transaction will be longer!