Japan Stocks Rally as Bitcoin Hits $104K — Gold Drops
📈 Market Snapshot:
Japan’s Nikkei (+1.40%) and Topix (+1.37%) extended gains for the 11th straight session — the longest streak since 2017 — as optimism builds over a potential US–UK trade deal. The yen weakens, helping Japanese equities push higher.
🟠 Bitcoin (BTC):
BTC soared to $104,095, driven by bullish sentiment and inflows from spot ETFs. Standard Chartered’s Geoffrey Kendrick sees strong institutional demand as a key driver — and says ATH might be near.
🛢️ Oil:
US crude oil prices edged higher after a 3% jump the previous day.
🥇 Gold:
Gold dipped 0.5% as risk-on sentiment grows. Investors rotate away from safe havens.
💬 Market Mood:
Risk appetite is back. Stocks are climbing, crypto is flying, and gold’s losing its shine.
“When Bitcoin hits $104K but your gold stack’s down 0.5%.”
“Nikkei: 11 days of green. Yen: ‘I’m tired, boss.’”
👉 Will BTC break ATH this week?
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