Bitcoin (BTC) News Update – April 28, 2025

Bitcoin (BTC) has surged to nearly $94,800, riding strong momentum fueled by macroeconomic shifts and a growing wave of institutional adoption. Investor fears about the weakening U.S. dollar have prompted a flight to hard assets, sending both gold and Bitcoin to record highs. As traditional currencies face increasing inflationary pressure, BTC is emerging as a preferred hedge.

A major development in the institutional space is the $3.6 billion merger between Cantor Equity Partners and Twenty One Capital—a Bitcoin-centric firm backed by giants like Tether, Bitfinex, and SoftBank. This merger positions the firm as the third-largest corporate holder of Bitcoin, now holding over 42,000 BTC.

In a groundbreaking move, President Trump's administration has initiated a Strategic Bitcoin Reserve, utilizing nearly 200,000 BTC seized by the U.S. government. This marks a significant policy shift toward integrating digital assets into national financial infrastructure.

Meanwhile, not all central banks are on board. The Swiss National Bank recently rejected proposals to add Bitcoin to its reserves, citing volatility concerns.

Despite these mixed sentiments, analysts are bullish, forecasting a BTC price range of $150,000 to $200,000 by year-end—driven by rising demand, limited supply, and increasing regulatory clarity. The current rally could be just the beginning.