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Bitcoin hits $81,500 as tokenization boosts crypto stocks like Bullish and Galaxy Digital.

Market News
05 May 2026
Coindesk
Bullish
pluang ai news

Bitcoin surged to $81,500, its highest since January, driven by over $500 million inflows into spot bitcoin ETFs from BlackRock and Fidelity. The rally extends beyond major cryptocurrencies into tokenization-focused companies, with Bullish rising 12% after acquiring Equiniti, and Galaxy Digital up 3.6% following a new tokenized cash-management fund launch. Tokenization, which integrates traditional assets onto blockchain, is gaining traction as institutional interest grows, highlighted by Coinbase's partnership and investment in Centrifuge. This momentum is expected to continue unless geopolitical tensions escalate significantly.

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