Bitcoin nears all-time high as Ethereum, Solana, and XRP rally; Bakkt stock surges 150%

Bitcoins price hit around $123,874 as of early October 2025. This is only about 1% below its record high of $124,480 set in August 2025. Over the past week, Bitcoin has gained roughly 12%. This rally started amid ongoing political and economic uncertainty caused by the current U.S. government shutdown.