#JapanElection Cryptocurrencies and Their Market Impact Analysis
✨The Japanese election victory created a ripple effect in global markets known as "Takaichi Trading," and had mixed effects on cryptocurrencies. In the short term, the post-election strengthening of the yen and global liquidity crunch put pressure on Bitcoin (BTC); BTC retreated from its peak of $72,000 to around $70,000. This decline was due to capital flows shifting to traditional assets because of the stock market rally in Japanese markets. Gold, on the other hand, hit a record high, surpassing $5,000, reflecting a shift in p