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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Wow, looks like we can add high BTC fees to the list of things that are absolutely ruining Thanksgiving.

Andrew Peters Answered question November 23, 2023
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