On October 4, 2025, Bitcoin surged close to its all-time high, trading near $124,000, fueled by renewed institutional demand and geopolitical uncertainty. Other major cryptocurrencies like Ethereum, Solana, and XRP followed suit with strong gains. Rising trading volumes across exchanges and a 150% jump in Bakkt stock highlight growing market confidence. Analysts predict Bitcoin could reach $200,000 by year-end, driven by macroeconomic factors and increased adoption.