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Takaichi Victory: Japan’s historic Nikkei rise of 56,000 drives bitcoin to $72,000 and gold beyond $5,000
Japanese mandate ignites rise in equities and safe-haven assets.
Key points:
- Japan’s Nikkei 225 climbed 3.4%, surpassing the 57,000 threshold for the first time, driven by Prime Minister Sanae Takaichi’s “supermajority” electoral success.
- The “Takaichi Trade” influenced markets around the globe, propelling gold beyond $5,000 per ounce and bitcoin to a peak of $72,000, while U.S. market sentiment remained positive.
On Monday, Japan’s Nikkei 225 reached a new high, crossing the 57,000 mark with a 3.4% increase following Prime Minister Sanae Takaichi’s substantial “supermajority” win in the recent general election, as reported by Nikkei Asia.
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This political endorsement indicated a green light for Takaichi’s proactive expansionary fiscal plan, which encompasses a significant $135 billion stimulus initiative aimed at rejuvenating the economy via infrastructure investments and tax reductions.
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The “Takaichi Trade” initiated a worldwide reaction, causing gold prices to exceed the $5,000 per ounce mark and lifting bitcoin to a transient high of $72,000, before stabilizing above $70,000 during Asian morning trading. Futures for U.S. stocks opened with gains.
The market enthusiasm was further enhanced by international acknowledgment, with both President Donald Trump and U.S. Treasury Secretary Scott Bessent praising the Prime Minister.
Trump is targeting a 100,000 level on the Dow Jones (DJI) by the conclusion of his term, representing a 100% rise from current figures. The DJI surpassed 50,000 for the first time on Friday.
