I was surprised too when I checked the transaction fees, they’re really cheap these days (
checked on mempool). As we’ve all noticed, the market seems to be in a bull run already, with Bitcoin hitting $69k and getting ready to break the current ATH, which should push the price even higher. But yeah, it’s interesting how this time around it’s different compared to the last bull run. Back then, fees were really high, making small transactions almost not worth it. We had to wait until the network congestion eased up before moving any Bitcoin.
As for today bitcoin is in a correction again and the price is currently around $66k from a $69k increase, I see a correction touching $65k and below for the next few days as it has happened before. Slowly there may be a time when we see the price break above and we are almost in the condition towards the next ATH but we need to see how bitcoin is doing at the end of the year. Hopefully there will be the best momentum at the end of this year before bitcoin hits its next ATH.
That is why it is important to check the mempool when you want to make a transaction because sometimes the level of transaction traffic can result in such large fees that small transactions made will be very disproportionate.