Bitcoin extends gains to $81,500 as tokenization push lifts Bullish, Galaxy, Centrifuge
Crypto market momentum could extend further unless geopolitical risks flare up again, one analyst said....
Key takeaways
- 1Bitcoin reached $81,500 on Tuesday, up 35% from February lows, driven by $500 million inflows into spot Bitcoin ETFs from BlackRock and Fidelity.
- 2Bullish acquired Equiniti for $4.2 billion to build capital markets infrastructure; Centrifuge's CFG token jumped 15% after Coinbase partnership announcement.
- 3Tokenized assets market projected to reach $18.9 trillion by 2033, attracting institutional investors into blockchain-based infrastructure plays.
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Why it matters
This tokenization momentum signals institutional adoption of blockchain infrastructure, reshaping traditional finance. For Indian retail investors, these developments indicate growing legitimacy and enterprise-grade use cases beyond speculation, though geopolitical risks and regulatory clarity remain critical factors for sustained growth.
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