Bitcoin's network fees have dropped to the technical minimum of one satoshi per virtual byte, costing about 12 cents for a standard withdrawal, even though the mempool backlog is large with over 71,000 transactions queued. Most queued transactions bid below the minimum fee, allowing new transactions paying the minimum to be confirmed quickly. This low fee environment offers a cost-effective window for users to move or consolidate bitcoins, but it reflects low demand for block space rather than a price signal. The next mining difficulty adjustment is expected on October 30, which could affect future fees. Investors should check current fees before transactions and be aware that exchange withdrawal fees may be higher than network costs.
Bitcoin network fees have dropped to about 12 cents per withdrawal, even with a mempool backlog exceeding 71,000 transactions. For readers following cryptocurrency markets, here is Pluang's market snapshot as of Oct 18, 2026 13:21 WIB: out of 50 major cryptocurrencies, 6 rose and 43 fell. Notable movers include SAND at Rp1.171 (+16.85%), FIL at Rp18.833 (-11.45%), and BAL at Rp16.297 (+11.14%).
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