Bitwise Invest CEO Hunter Horsley stated that the recent surge in Bitcoin to $77,310, an increase of 13.52% over the past week, has not raised overvaluation concerns among investors, unlike stocks. He emphasized that Bitcoin's value perception differs from traditional equities; as Bitcoin's price rises, investors believe it is more likely to succeed and become even more valuable. This is in contrast to stocks, where price increases may lead to concerns of overvaluation and reduced interest. Other notable figures in the crypto space share a similar sentiment, with no fears regarding overvaluation as Bitcoin trades above its all-time high of $73,679. Pro-Bitcoin author Robert Kiyosaki expressed his intent to acquire another 27 Bitcoins regardless of price, underscoring his confidence in the asset. Analysts from Nansen noted that Bitcoin's recent performance, characterized by heavy trading volume and crossing previous all-time highs, indicates ongoing positive momentum for the cryptocurrency.

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