Transaction fees on Bitcoin are now at their lowest levels in nearly 15 years.

What it means? Low fees = less network usage → fewer transactions and lower on-chain activity.
This is usually seen as a bearish signal, suggesting declining interest in BTC.
But here’s the nuance 👇
Low activity ≠ guaranteed price drop. Markets can stay strong even with reduced on-chain demand.
Network activity is cooling off, but price direction still depends on broader market dynamics.