The Mempool is clearing and transaction times and fees are plummeting

It's a good time to move some BTC around if you have been wanting to!

The number one complaint people have about bitcoin is that their transfer takes too long and the fees are too high.

Well, both of those are significantly better than they have been recently.

With the mempool clearing, transaction times are speeding up and fees are plummeting, check it out:

(Source: https://twitter.com/100trillionUSD/status/1391487357522792450)

Basically, it's a great time to do some transactions in bitcoin, relatively speaking of course.

There are still better and cheaper ways to move funds around, but if you are sitting on bitcoin that you wanted to move somewhere else, now's the time...

It will be interesting to see if this has any impact on the price.

Historically when the mempool cleared like this it was before the price trickled lower.

The charts look like it is ready to trend higher though, so we shall see.