Why is the BTC fee so high?

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Why is the BTC fee so high?

Just tried to send or convert BTC to another wallet, and my Trust Wallet has said this transaction will cost about $20 USD. When did BTC fees begin to skyrocket? I don’t remember seeing BTC transfer fees this high before.

Jason Johnson Answered question November 23, 2023
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It’s ridiculous, i wanted to send 50 bucks but the fee was gonna be 17 dollars. whats the point of using bitcoin i thought it was suppose to be better and faster.

Gihan Wijethunga Answered question November 23, 2023
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