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<div class="finbold">
 <p class="paragraph">Following the Bitcoin (BTC) halving, average network fees skyrocketed to record highs above $100 this weekend. Searches and mentions of “Bitcoin fees” surged in <em>Google Trends</em> and <em>Santiment</em> as users experienced locked balances and financial losses.</p>
 <p class="paragraph">Notably, on April 20, the one-month interest rate for “Bitcoin fees” rose to its maximum in <em>Google Trends</em>. Until then, searches scored a consistent sub-25 interest—a low interest also kept in higher time frames.</p>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="318" src="https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp" alt class="wp-image-170671" srcset="https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp 1024w, https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp 768w, https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp 1536w, https://cdn.thebittimes.com/images/2024/04/22/37f2b43f83175e2e84a8c4eecdfd5799.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Interest over time on ‘Bitcoin fees’. Source: <em>Google Trends</em>
  </figcaption>
 </figure>
 <p class="paragraph">The <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> <a rel="noopener noreferrer nofollow" title="aggregator" href="https://thebittimes.com/tag/aggregator.html">aggregator</a> platform <em>Santiment</em> registered a similar interest, with the word “fees” leading 24-hour <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> <a rel="noopener noreferrer nofollow" title="trends" href="https://thebittimes.com/tag/trends.html">trends</a>. Interestingly, “fees” <a rel="noopener noreferrer nofollow" title="trends" href="https://thebittimes.com/tag/trends.html">trends</a> on April 21 with the following connected words:</p>
 <div class="border border-red-300 rounded-xl p-6 not-prose mb-6">
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   <svg width="32" height="32" viewbox="0 0 32 32" fill="none" xmlns="//www.w3.org/2000/svg"><path d="M4 10.6665V25.3332C4 28.2678 6.392 29.3332 8 29.3332H28V26.6665H8.016C7.4 26.6505 6.66667 26.4078 6.66667 25.3332C6.66667 24.2585 7.4 24.0158 8.016 23.9998H28V5.33317C28 3.8625 26.804 2.6665 25.3333 2.6665H8C6.392 2.6665 4 3.73184 4 6.6665V10.6665ZM8 5.33317H25.3333V21.3332H6.66667V6.6665C6.66667 5.59184 7.4 5.34917 8 5.33317Z" fill="#EF4444"> 
    </path> <path d="M15.996 18.6668L20.4626 14.2815C20.738 14.0166 20.9571 13.6989 21.1068 13.3473C21.2564 12.9957 21.3336 12.6176 21.3336 12.2355C21.3336 11.8534 21.2564 11.4752 21.1068 11.1236C20.9571 10.7721 20.738 10.4543 20.4626 10.1895C19.9074 9.64148 19.1587 9.33422 18.3786 9.33422C17.5985 9.33422 16.8498 9.64148 16.2946 10.1895L15.996 10.4801L15.6973 10.1881C15.1423 9.64023 14.3938 9.33301 13.614 9.33301C12.8341 9.33301 12.0856 9.64023 11.5306 10.1881C11.2552 10.453 11.0361 10.7707 10.8865 11.1223C10.7368 11.4739 10.6597 11.852 10.6597 12.2341C10.6597 12.6162 10.7368 12.9944 10.8865 13.346C11.0361 13.6975 11.2552 14.0153 11.5306 14.2801L15.996 18.6668Z" fill="#EF4444"> 
    </path>
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  <div id="finbold.com_middle" style="min-width: 300px; min-height: 250px;">
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 <blockquote class="wp-block-quote">
  <p class="paragraph">“Bitcoin, fee, BTC, transaction, money, network, halving, block, and transactions.”</p>
 </blockquote>
 <figure class="wp-block-image size-large"><img decoding="async" width="1024" height="280" src="https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp" alt class="wp-image-170672" srcset="https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp 1024w, https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp 768w, https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp 1536w, https://cdn.thebittimes.com/images/2024/04/22/d3ba566f9530334d397d7b1d52cb29ae.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Trending words. Source: <em>Santiment</em>
  </figcaption>
 </figure>
 <h2 class="wp-block-heading" id="h-bitcoin-fees-all-time-high-consequences-and-alternatives">Bitcoin fees all-time high: Consequences and alternatives</h2>
 <p class="paragraph">On April 20, <em>BitInfoCharts</em> registered an all-time high of $127.97 for Bitcoin fees in USD, or 0.002 BTC.&nbsp;</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="285" src="https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp" alt class="wp-image-170673" srcset="https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp 1024w, https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp 768w, https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp 1536w, https://cdn.thebittimes.com/images/2024/04/22/b92e748d7d3d0e8408c79855316606b9.webp 2048w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Bitcoin Average Transaction Fee, historical chart. Source: <em>BitInfoCharts</em>
  </figcaption>
 </figure>
 <h3 class="wp-block-heading" id="bitcoins-high-fees-generate-dust">Bitcoin’s high fees generate dust</h3>
 <p class="paragraph">As a result, over 53.94% of all Bitcoin addresses became unable to use the network, considering they have balances inferior to 0.001 BTC, which is half the registered average transaction fees.</p>
 <figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="475" src="https://cdn.thebittimes.com/images/2024/04/22/75c830dd3ca190efc96ca45aadf1cdc6.webp" alt class="wp-image-170674" srcset="https://cdn.thebittimes.com/images/2024/04/22/75c830dd3ca190efc96ca45aadf1cdc6.webp 1024w, https://cdn.thebittimes.com/images/2024/04/22/75c830dd3ca190efc96ca45aadf1cdc6.webp 300w, https://cdn.thebittimes.com/images/2024/04/22/75c830dd3ca190efc96ca45aadf1cdc6.webp 768w, https://cdn.thebittimes.com/images/2024/04/22/75c830dd3ca190efc96ca45aadf1cdc6.webp 1436w" sizes="(max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption">
   Bitcoin rich list, distribution. Source: <em>BitInfoCharts</em>
  </figcaption>
 </figure>
 <p class="paragraph">This is known as “dust” in the cryptocurrency space and among payment providers. Dust refers to unspendable funds if the system’s fees remain above the available balance or UTXO.</p>
 <h3 class="wp-block-heading" id="bitcoin-alternatives">Bitcoin alternatives</h3>
 <p class="paragraph">Cryptocurrency enthusiasts have reported issues, meaningful losses, and discontent with the situation inherent to Bitcoin’s software design.</p>
 <p class="paragraph">For example, Vik Sharma, founder of the prominent cryptocurrency wallet <em>Cake Wallet</em>, mentioned the Bitcoin alternatives he uses as fees remain high. In particular, Sharma said he is mostly using Monero (XMR), but also Litecoin (LTC), Bitcoin Cash (BCH), Nano (XNO), and Polygon‘s USDT – all available in <em>Cake Wallet</em>.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
    <p lang="en" dir="ltr">I carry some #bitcoin and other coins around in my @cakewallet to make quick payments to employees, vendors, etc. But with these insane #BTC fees, now I'm paying in mostly #XMR, but also #LTC, #BCH, #NANO, and #USDT on #Polygon. <br><br>Lightning can't come fast enough to Cake.</p>— Vik Sharɱa (@vikrantnyc) April 21, 2024
   </blockquote>
  </div>
 </figure>
 <p class="paragraph">Each of these cryptocurrencies has different proposed solutions for fees. Among them, Nano stands out with a zero-fee protocol by design, as previously reported by Finbold. Meanwhile, LTC and BCH could potentially see a short squeeze next week.</p>
 <p class="paragraph">As of this writing, Bitcoin fees returned to an average of around $25 per transaction, nearing the world’s average daily income.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-fees-keyword-trends-on-google-and-social-aggregators-tbt85946.html">https://thebittimes.com/bitcoin-fees-keyword-trends-on-google-and-social-aggregators-tbt85946.html</a></p>

‘Bitcoin fees’ keyword trends on Google and social aggregators

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