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Bitcoin Nears Record Highs Amid Broad Crypto Rally
Bitcoin approaches record highs as crypto market rallies, boosted by institutional interest and positive macroeconomic trends.
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.