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Bitcoin (BTC) Price News: Rebound with CIFR, BITF Leading Gains; VanEck Analyst Sees $644K BTC

Summary by Coin Desk
Bitcoin (BTC) regained ground on Wednesday, climbing back to nearly $124,000 after a flush to $120,000 the day before. It was recently trading at $123,500, up 1.5% over the past 24 hours.Altcoins followed the move higher but didn’t reclaim the levels seen earlier in the week. Ethereum (ETH), Ripple’s XRP (XRP), Solana (SOL), dogecoin (DOGE) and Avalanche (AVAX) each added between 1% and 3%. The CoinDesk 20 Index, which tracks a basket of major d…

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Coin Desk broke the news in Manila, Philippines on Wednesday, October 8, 2025.
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