Glassnode’s weekly report shows Bitcoin transaction fees have been very low for close to a year now

Bitcoin Transaction Fees Remain Historically Low Despite Recent Spike

“Data shows the Bitcoin total transaction fees have continued to be at historically low values despite a spike during LUNA’s collapse recently.

Bitcoin Transaction Fees Have Moved Sideways Since July 2021
As per the latest weekly report from Glassnode, the total transaction fees on the BTC network has been very low for almost a year now.

The ‘total transaction fees’ is a measure of the sum of the fees that each user on the network is paying for every transaction on the Bitcoin blockchain.

Miners pick up transactions based on which ones will be more profitable to handle at the moment. Transactions attached with high fees are naturally picked up first.

During periods of high network demand (that is, a high amount of transactions taking place), the mempool gets congested.”

https://bitcoinist.com/bitcoin-transaction-fees-historically-low-spike/