Bitcoin Network Gains Momentum Ahead of Next Halving

The upcoming Bitcoin halving is slated to take place in April 2024

Amidst this excitement, Bitcoin has achieved a remarkable all-time high hashrate of 497 EH/s

Long-term BTC holders are also expressing strong confidence in the cryptocurrency's future

Additionally, the on-chain activity of BTC's supply within the past year has reached a record high of 70.35%

There are expectations that BTC will attain new all-time highs ahead of halving.