The Bitcoin Transaction Fee Drought

From Blockspace Scarcity to Mempool Clearances

Bitcoin transaction fees play a crucial role in rewarding miners, but they’re far from stable. Over the years, fee dynamics have shifted dramatically—shaped by technological developments, user behaviour, and broader market cycles. From the high-fee frenzy driven by Ordinals and BRC-20 mints to the historically low fee environment of early 2025. Let’s di…