Bitcoin [BTC] has experienced notable price increases recently, generating excitement among its holders. However, recent data from IntoTheBlock suggested that Avalanche [AVAX] has outperformed even the leading cryptocurrency. Analyzing the Bitcoin daily timeframe chart from August showed a substantial increase in value, with the price increasing by over 39% during this period. Starting at around $29,793 on the 1st of August, its press time price was over $40,900, marking a gain of over $10,000. Despite a current decrease of over 1%, it maintained the $40,000 price range. Year to date (YTD), Bitcoin has seen an impressive overall increase of around 138%, even with the recent decline.