Bitcoin Surpassed $111,000, Japanese Stocks Hit Record High

The Rise in the Crypto Market Continues

Bitcoin has surpassed the significant psychological threshold of $111,000. This rise was supported by the acceleration of the recovery rally that started on Sunday. Other major cryptocurrencies such as XRP, Solana, and Ethereum also experienced similar gains.

Record Levels in the Japanese Market

Japan's Nikkei Index reached record levels amid hopes for new fiscal policies. Finance Minister Shunichi Takaichi is expected to take office as the new Prime Minister. This situation has created a positive atmosphere among investors.

Economic Data and Their Effects on Global Markets

China's gross domestic product (GDP) exceeded market expectations, showing growth. At the same time, the American Dollar index fell, and gold prices maintained their stable course. These developments positively influenced investor sentiment, including in cryptocurrencies.