The heated debate over Bitcoin transaction fees has erupted in recent days as this metric and the gradual scarcity of high-level miners once again present an opportunity for BTC not to decline further, at least in the short term.

As BTC becomes the focal point once again, those wishing to trade on-chain face high fees. They argue that the fee market is functioning as intended due to competition for block space.

As a result, miners' revenue has skyrocketed due to the rise in BTC prices, reaching levels not seen since Bitcoin's all-time high.