Preheat your oven to 350°F (175°C). Grease and flour a 9x5 inch loaf pan.

In a mixing bowl, whisk together the flour, baking powder, baking soda, and salt.

In a separate bowl, cream the softened butter and granulated sugar together until light and fluffy.

Add the eggs one at a time, mixing well after each addition.

Stir in the apple cider and vanilla extract until combined.

Gradually add the dry ingredients to the wet mixture, mixing until just combined.

Pour the batter into the prepared loaf pan and smooth the top.

Bake in the preheated oven for 60 minutes, or until a toothpick inserted in the center comes out clean.

Let the cake cool in the pan for 10 minutes, then transfer to a wire rack to cool completely.

Once cooled, dust the top with powdered sugar and cinnamon if desired. Slice and serve.