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Driven by the growing interest in Bitcoin Ordinals NFTs, Bitcoin transaction fees have soared to a six-month high, eclipsing Ethereum's transaction fee earnings for the first time in three years. Data from IntoTheBlock reveals a significant increase in fees over both one and three-month periods. Although these fees remain lower than the peak on May 8 and the all-time high in December 2017, this surge comes as a critical shift for Bitcoin miners. As they anticipate reduced rewards from the upcoming halving event, the increased transaction fees offer potential compensation.

https://www.investing.com/news/cryptocurrency-news/bitcoin-transaction-fees-hit-sixmonth-high-outpacing-ethereum-93CH-3242989