Bitcoin Hits $93K Amid Cantor Fitzgerald's Crypto Venture with SoftBank and Tether

Edited by: Yuliya Shumai

Bitcoin surpassed $93,000 on April 22, 2025, a level not seen since early March, following a 6.8% surge. The price experienced a rapid climb, jumping from $91,969 to $93,405 in a single minute. This surge coincides with Cantor Fitzgerald reportedly partnering with SoftBank, Tether, and Bitfinex to launch a $3 billion crypto acquisition vehicle named Twenty One Capital.

Twenty One Capital will be majority-owned by Tether and Bitfinex, with SoftBank holding a significant minority stake. Jack Mallers, founder of Strike, will serve as CEO. The company is expected to launch with over 42,000 Bitcoin.

Following Bitcoin's rise, altcoins are also experiencing increased interest. Solaxy ($SOLX), priced at $0.001702 in presale, aims to solve Solana's congestion issues and has raised over $31M in presale funding. $TRUMP is currently priced at $13.44.

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