BTC network experiences surge in fees due to activities on the sidechain🥶

Crypto prices are quiet, but there are rumors of US market makers stepping back and spot selling from bankruptcy-related payments that are affecting prices. The increase in BRC-20 ordinals activity has caused a backlog of over 400k unconfirmed transactions and a jump in execute fees. BTC miners are now getting paid more to process BTC transactions than for mining new coins, causing a division in the BTC community on whether these Ordinal inscriptions are good or bad for the ethos of Bitcoin. This has led to calls for small adjustments to the data-management code to shut off inscription activities and return the network to its "roots," while others think it's a welcome development for the network.