The side effects of Bitcoin halving have emerged.Seeing posts about folks being charged triple their transaction amount in fees for trying to move BTC. Personally tried to move $60 other day and got charged $40 for it. If you don’t believe , go try it.
I don't have to believe because the fees are visible by checking how much the transactions fees are right now.
This isn't the effect of the halving but those minters that are doing it on the bitcoin blockchain. They're spamming the network with their runes, ordinals and everything that they've been doing to mint new money for themselves.
In return, the fees for Bitcoin transactions have been affected but this isn't going to take any longer. Soon, we'll see the drop in fees.