Bitcoin Transaction Fees Again Hit Low Levels

in #cryptocurrency7 years ago


Bitcoin transaction fees again reached low levels, and have hit 1 Satoshi per byte to get into the next block.


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How did the fees get so high? What is because the network was so congested with transfers? Or is it something else? I know for damn sure I wasn't transfering anything when it was at $35 a transfer, I didn't know it got over $50 at one point!

How did the fees get so high? It's a good question. Many people debated about these skyrocketing fees. I don't have an answer which would explain everything related to this topic.