Japan Election Sends Nikkei To 57K Bitcoin To $72K Gold Past $5K

TLDR

Table of Contents

Nikkei 225 rose 3.4% to cross 57,000 after Takaichi’s election win and fiscal plan.
Bitcoin briefly reached $72,000 during Asia trading before stabilizing above $70,000.
Gold surpassed $5,000 per ounce following global investor movement into safe assets.
U.S. futures opened higher, with Dow Jones recently breaching 50,000 for the first time.

Japan’s financial markets rallied after Prime Minister Sanae Takaichi secured a supermajority in the recent national election. The Nikkei 225 surged past 57,000 points for the first time, driven by investor optimism over her $135 billion fiscal stimulus plan. This market momentum spilled into global assets, with bitcoin briefly hitting $72,000 and gold exceeding $5,000 per ounce.

Takaichi’s Supermajority Win Triggers Market Optimism

Japan’s Nikkei 225 rose by 3.4%, closing above 57,000 for the first time in history. The rally followed Prime Minister Sanae Takaichi’s sweeping win in Sunday’s national elections. Her coalition secured a supermajority, allowing her to advance her proposed economic policies with limited resistance.

The result gave investors confidence in the government’s direction. Takaichi’s plan includes a $135 billion stimulus focused on infrastructure spending and tax cuts. Analysts said this approach increased expectations for economic growth and lifted equity markets.

Bitcoin and Gold Surge Amid Global Market Response

The election result and Japan’s stimulus plan triggered a wave across global financial markets. Bitcoin peaked at $72,000 early Monday during Asia’s trading session. The price later adjusted but remained above $70,000, driven by strong investor sentiment and expectations of continued liquidity.

Gold also surged past $5,000 per ounce, attracting investors seeking stable assets. Both digital and traditional safe havens moved upward in response to the global rally and Japan’s aggressive fiscal policy.

U.S. Markets React as Trump Eyes Dow at 100,000

The U.S. market also showed early strength. Futures opened higher after Japan’s news, continuing a trend seen in recent weeks. On Friday, the Dow Jones Industrial Average crossed 50,000 points for the first time.

Former U.S. President Donald Trump congratulated Takaichi and predicted the Dow could hit 100,000 during his term. Treasury Secretary Scott Bessent echoed this optimism, stating that global investor confidence was increasing across both developed and emerging markets.

Bitcoin’s Quantum Risk Still Considered Manageable

In a related development, CoinShares released a report addressing concerns over quantum computing and bitcoin. The firm estimates that around 1.6 million BTC, or 8% of total supply, is in older P2PK addresses that may be vulnerable.

However, only 10,200 BTC is stored in concentrated addresses that could affect markets if compromised. The report says that current quantum computers are far from capable of threatening bitcoin’s cryptography. It emphasized the need for gradual upgrades to post-quantum cryptographic standards rather than panic.