Something is brewing in the Bitcoin world? For the last 2-3 days I can I witness slow transactions and huge fees. I got used to 1sat/byte transactions and they always get through so I sent a couple of sats to myself but you can't imagine how surprised I was when I saw my tx is ~75mb from tip! My wallet suggested a fee of 10sat/bytes! So, what's going on? Is this connected with that ordinals mumbo-jumbo?

Yes, there has been a recent spike in transaction fees and slower processing times on the Bitcoin network. This is due to a combination of factors, including increased demand for Bitcoin transactions, changes in the mining difficulty and hash rate of the web, and other market and economic factors. It's always a good idea to stay up-to-date on the latest developments and trends in the Bitcoin world and to be prepared for potential changes and fluctuations in the network.