Quote from: Upgrade00 on Today at 01:26:07 PM

The network isn't jammed, technically it's a congestion which increases the feerate which you're seeing. Transactions are still being confirmed at the average time expected.

Whatever the use, I do not believe it's what the fees people are willing to pay for it and the ripple effect it has on other holders is high cause they have to use competitive fees if they want their transaction confirmed in priority time, or try accelerators.

Is this an issue again happening due to BRC20 or it is because of the possibility of escalation of issues in the Middle East? I am confused as we have encountered such congestion issues before due to spam by BRC20 tokens. We are now nearing the halving event in less than 5 days it isn't very clear for me to find the reason. If I move my head to understand this problem, I think it is because of the upcoming halving. If I calculate the dates then it is evident that the Bitcoin price dropped suddenly due to the attack by Iran and now it might go much deeper into the red zone due to multiple factors. Can you lay down the reason if not explain why things are not looking good or the reason why Bitcoin will not continue to go up? I understand correction but it does not look like a correction to me.