Bitcoin Blasts Past $113K Again – Is a $200K Crypto Mega-Rally Coming?

  • Bitcoin back near record highs: The price of Bitcoin (BTC) is around $113,000 as of October 29, 2025, roughly flat on the day. It has climbed about 5% in the past week, recovering from a mid-month slump and now sits within ~10% of its early-October all-time high near $125,000 [1]. A mid-October crash (sparked by geopolitical shocks) briefly sent BTC below $105K, erasing over $19 billion in leveraged bets, before sentiment rebounded from “extreme fear” back to neutral [2].
  • Broad crypto market rally: The crypto market as a whole is surging alongside Bitcoin. Ethereum (ETH) is trading around $4,000, up several percent this week after bouncing from a mid-October dip [3]. Solana (SOL) has doubled from its summer lows and…

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