For the fourth time this halving in 2024 I am most surprised to see Bitcoin transaction fees. It's no surprise that Bitcoin transaction fees have risen so steeply.
Indeed, Bitcoin transaction fees have been a matter of concern for many users, especially during periods of high demand and network congestion. The rise in fees can be attributed to various factors, including increased transaction volume and limited block space available for transactions to be confirmed.
During the halving event in 2024, the block reward for miners will be reduced by half, this could potentially lead to higher transaction fees in the short term.