Post
Topic
Board Bitcoin Discussion
Re: What's happening with Bitcoin transaction fees?
by
tranthidung
on 07/11/2023, 15:54:18 UTC
Last two weeks, Bitcoin was so hot and it created demands on people to move their bitcoin to take profit. People here means traders or small investors who can not stay calm and don't trade, who can not hold their bitcoins longer till halving and a few months after halving.

Above is organic change in Bitcoin mempools as reactions to Bitcoin price movements but this time, it is different with engagement of BRC20 tokens, Ordinals like months ago.
https://geniidata.com/ordinals/home

See Ordinals Heatmap, they are heating up again.