bc1p20dfyfyvgc9xqmv2w3epyujuw2km2q5k2j4nqz63zwhzm7kknrkskch75f

This address has received 5700 transactions in the past few days, each one was for exactly $0.36 incurring ~$10 gas fee each. I assume it has something to do with the RUNES token upgrade that came in with the halving (replacing brc-20). It’s this kind of increased activity causing congestion on the network and raising the fee’s for us bigga’s.

Don’t they know BTC should be exclusively used for shady deals in the dark corners of the internet?

I've noticed a lot of transactions lately where the gas fees are more than the amount sent. Also seen a few wallets with more than $1b in them, and the historic transactions are insane. Maybe there are some things where you don't want to be the one to highlight...

Coinbase was looking for nearly 50 quid earlier to send a fiver worth of bitcoin for me. Just tried again just now (22nd April @ 22.30) and my network fee was only about £3.50 for a ~£50 item.
Worth checking now for anyone looking to get an order in ✌

It’s honestly brutal like makes ordering impossible like I can see a fall happening in LB because of this

Tried to send £80 and it wanted £47 pound way to high tired £60 is was £62 go send it joke like

Fees are through the roof because of the halving event. It's not worth buying btc or paying in btc currently. Quite a few posts on here about it already. Unless you're some whale that can afford absurd fees :)

How long will it go on for ?

£71 to send 1000 best I've seen it all week.

That's probably tolerable, I'll be ordering at those numbers

Can't they just use a wrapped token? Or some XRP.

The fees are sky-high due to new Ordinals.

Have a look at the thread I have linked, it's still not ideal but cheaper than most quotes I hear Biggaz getting right now.

Thanks for the help