The Takaichi Trade triggered a global market ripple, lifting gold prices above $5,000 per ounce and briefly pushing Bitcoin to around $72,000. The crypto then settled back above $70,000 during Asia morning trading.
Analysts note the move reflects broader risk sentiment, with gold acting as a traditional safe haven and Bitcoin responding to macro-market dynamics. While the spike was short-lived, the levels underscore crypto markets’ sensitivity to geopolitical and policy developments. Traders should monitor central bank signals and ongoing geopolitical developments for further volatility in both gold and Bitcoin markets.
Leave a Reply