In a groundbreaking development, Japan has witnessed the election of Sanae Takaichi as its first female prime minister, resulting in significant shifts across global financial markets. This historic victory by the Liberal Democratic Party leader has ignited a flurry of activity and sparked speculation about the country’s future economic landscape. Bybit’s latest report in collaboration with FXStreet analyzes this historic event and its cascading effects on traditional finance and cryptocurrency. The report details the immediate impact of Takaichi’s election: the yen plummeting to record lows against the euro and USD/JPY breaching 150. The Nikkei 225 has soared by 4.8%, reaching a new all-time high, with analysts expecting further gains fueled by market optimism and anticipation of stimulus measures.