Bitcoin’s Bold Leap: $3B SPAC Launch and $85K Valuation Milestone

In a groundbreaking move, Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, has unveiled a massive Bitcoin investment vehicle named Cantor Equity Partners. This Special Purpose Acquisition Company (SPAC) has already raised $200 million in January 2025 and is set to establish a new firm, 21 Capital, backed by an impressive $3 billion in Bitcoin from heavyweight investors including SoftBank, Tether, and Bitfinex. The deal notably values Bitcoin at $85,000 per coin, converting the cryptocurrency into equity at this ambitious valuation. This development underscores Bitcoin’s growing prominence as it cements its position as the fifth largest global asset, reflecting increasing institutional confidence and mainstream adoption. The launch marks a pivotal moment in cryptocurrency investment, blending traditional finance with digital asset innovation.

Brandon Lutnick Launches $3B Bitcoin SPAC Backed by SoftBank, Tether

Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick and chair of Cantor Fitzgerald, is launching a Bitcoin investment vehicle called Cantor Equity Partners. The SPAC raised $200 million in January and will form a new firm, 21 Capital, seeded with $3 billion in BTC from SoftBank, Tether, and Bitfinex. The deal converts the BTC into equity at a valuation of $85,000 per coin.

Bitcoin Becomes Fifth Largest Global Asset, Surpasses Google’s Market Cap

Bitcoin (BTC) has surpassed Google (GOOG) to become the fifth-largest asset by market capitalization, reaching $1.86 trillion and breaking through $94,000. This marks the highest position Bitcoin has ever attained. Renewed Optimism is emerging amid easing tensions in the U.S.–China tariff trade war, which has fueled gains for both Bitcoin and tech stocks. Technically, Bitcoin has moved above key resistance levels and set a new record relative to the Nasdaq.

Trump Triggers Bitcoin Rally—How High Will BTC Price Go?

The Bitcoin price surged past $93,000, triggered by the easing of the US-China trade war, Paul Atkins becoming the new SEC chair, and President Trump’s clarification that Jerome Powell will remain the Fed Chair. These factors have made Bitcoin the fifth-largest asset, surpassing Google. The weekly trade began with a huge bullish push, targeting $100K.

Tether, SoftBank, Bitfinex Invest $3B in Bitcoin via 21 Capital

Tether, SoftBank, and Bitfinex have joined forces to invest a massive $3 billion in Bitcoin through 21 Capital. The Bitcoin price has reclaimed the $90,000 level, marking a new wave of bullish sentiment across the crypto market. This surge comes amid renewed optimism about easing U.S.-China trade tensions and growing political acceptance of digital assets. Additionally, comments from U.S. President Donald Trump and Treasury Secretary Scott Bessent suggesting relief in the ongoing tariff war with China have ignited a market rally, triggering upward movement in both stocks and cryptocurrencies.

Bitcoin Price Surge Triggers $285 Million in Short Liquidations

Bitcoin’s price surged past $93,000 in the past 24 hours, causing the liquidation of over $285 million in short positions. Many traders were caught off guard by the sharp upward movement, leading to the automatic closure of their Leveraged bets against Bitcoin. The current BTC price stands at $93,642, with an intraday high of $93,723 and a low of $88,027. The massive liquidations underscore the risks of shorting in the volatile crypto market.

Gold Price Forecast for 2025 and Bitcoin Targets $100K

Gold and Bitcoin are attracting attention as markets face rising uncertainty. When gold surges, Bitcoin often follows about 100 days later due to investor psychology. Bitcoin has been outperforming stocks and acting as a safety net against political and financial risk. Some believe Bitcoin could rival gold’s $23 trillion market value, potentially reaching over $1 million per coin. The focus now is on whether Bitcoin can break past $100,000.