Bitcoin is making waves, hitting a new all-time high of $77,310, a 13.52% jump in just a week, according to CoinMarketCap. Unlike stocks, Bitcoin's rising price doesn't spark overvaluation concerns. Bitwise Invest CEO Hunter Horsley explains that as Bitcoin's price climbs, investors see it as more likely to succeed, boosting its perceived value.
During the U.S. election week, Bitcoin ETFs saw inflows of $1.63 billion. Enthusiasts like Robert Kiyosaki plan to keep buying, regardless of price. Analysts see no signs of overheating, with positive momentum expected to continue.