Takaichi Triumph: Japan’s record 56,000 Nikkei surge sends bitcoin to $72,000, gold past $

February 8, 2026

Takaichi Triumph: Japan’s record 56,000 Nikkei surge sends bitcoin to $72,000, gold past $5,000

Markets

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By James Van Straten|Edited by Nikhilesh De

Feb 9, 2026, 1:18 a.m.

Close up of the red circle at the center of the Japanese flag. (DavidRockDesign/Pixabay)
  • Japan’s Nikkei 225 surged 3.4% to breach the 57,000 mark for the first time, fueled by Prime Minister Sanae Takaichi’s “supermajority” victory.
  • The “Takaichi Trade” rippled across global markets, driving gold past $5,000 per ounce and bitcoin to a $72,000 peak, while U.S. sentiment remained bullish.

Japan’s Nikkei 225 surged to a record on Monday, breaching the 57,000 level with a 3.4% gain following Prime Minister Sanae Takaichi’s decisive “supermajority” victory in the Sunday general election, according to Nikkei Asia.

This political mandate signaled a green light for Takaichi’s aggressive expansionary fiscal agenda, which includes a massive $135 billion stimulus package aimed at revitalizing the economy through infrastructure spending and tax cuts.

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The “Takaichi Trade” sparked a global ripple effect, driving gold prices past the $5,000 per ounce milestone and pushing bitcoin to a brief peak of $72,000, before settling back above $70,000 during Asia morning trading hours. U.S. stock market futures opened higher.

The market euphoria was further bolstered by international support, with both President Donald Trump and U.S. Treasury Secretary Scott Bessent congratulating the Prime Minister.

Trump is eyeing 100,000 on the Dow Jones (DJI) by the end of his term, a 100% increase from current levels. The DJI on Friday breached 50,000 for the first time.