What's there to rejoice about? What about those who invested when Bitcoin was at 19000$ in 2017? It's not time to start rejoicing yet, right now we need better an stronger market support, DeFi success I believe is at work here, new money flow into crypto through DeFi, I'm hoping more will come
How many people bought Bitcoin at 19k, most people bought less than that price. What you do not understand is that Bitcoin going up is good for the whole market because it usually drag most of these ALtcoins along, it is a see-saw effect, when the pump stops Altcoins would regain their value in BTC