Bitcoin reached a new all-time high this week, surpassing $80,000 and trading at $79,008.9, an increase of 3.34% today. This marks the best Bitcoin performance in over 10 weeks, contributing to its one-year return of 107%. Ethereum (ETH) also experienced gains, trading at $3,192.75, up 3.75% today and 45% over the past year, including a 10% rise in the last 24 hours. Cardano (ADA) outperformed Ethereum year-to-date, with its price at $0.5793 and a surge of 29.98% today, totaling a 70% increase in the last seven days. Solana (SOL) reached $206.33, up 3.96% today, and has a one-year return of 336%. Other cryptocurrencies like Dogecoin and Avalanche also saw gains, with Dogecoin at $0.227, up 6.07%, and Avalanche at $31.55, up 7.83%. Investors note that despite the new highs, Bitcoin isn’t triggering overvaluation concerns among investors the way stocks typically do, according to Bitwise's CEO. The crypto market is experiencing significant upward momentum.