#MarketRebound

The cryptocurrency market is experiencing a significant rebound, with Bitcoin leading the charge.

📈 Bitcoin Surges Past $90,000

On April 22, 2025, Bitcoin surpassed $90,000 for the first time since early March, marking a notable resurgence in the cryptocurrency market. This surge contributed to the overall crypto market capitalization exceeding $2.8 trillion. Alongside Bitcoin’s rise, several major crypto-related stocks also experienced notable gains. Coinbase shares increased by approximately 7%, while bitcoin mining company Mara Holdings saw a nearly 10% rise. Additionally, Strategy, formerly known as MicroStrategy and a significant bitcoin holder, rose about 8% .

🏦 Institutional Momentum Builds

Institutional interest in cryptocurrencies is intensifying. Cantor Fitzgerald is launching a nearly $3 billion cryptocurrency venture in collaboration with SoftBank, Tether, and Bitfinex. The initiative aims to capitalize on a cryptocurrency revival under President Donald Trump, seeking to emulate the success of MicroStrategy by heavily investing in bitcoin. The vehicle, called Cantor Equity Partners, raised $200 million and will establish a new firm, 21 Capital, which plans to provide $3 billion in bitcoin .

🔮 Outlook and Market Sentiment

Analysts are optimistic about Bitcoin's trajectory. Bitcoin analysts target $95K as President Trump's trade war cools, with BTC futures traders showing similar optimism . Additionally, Bitcoin ETFs only saw approximately $4 billion in outflows in February and March, and selling appears to have eased in April. Close to 80 corporates worldwide have now adopted Bitcoin as a treasury asset, with firms like MicroStrategy continuing to buy .