Bitcoin Rally Pushes Price to ATH as Japan’s Nikkei 225 Jumps 5%

Key Notes

  • Spot Bitcoin ETFs recorded $3.2 billion in inflows last week, aiding the Bitcoin price rally.
  • Analysts such as Michael van de Poppe expect a brief correction below $121,500 before Bitcoin resumes its upward move.
  • Institutional activity and macro factors continue to guide price action, as analysts see a rally to $150,000 by year-end.

Bitcoin

BTC
$124 126



24h volatility:
0.9%


Market cap:
$2.47 T



Vol. 24h:
$51.56 B

price has shown major strength, hitting the highs of $125,559, coinciding with the 5% upside in Japan’s Nikkei 225 Index, on Oct. 6. This rally comes as Japan’s newly elected Prime Minister Takaichi Sanae has expressed support for a return to the pro-stimulus “Abenomics” strategy.

Originally introduced by former Prime Minister Shinzo Abe in 2012–2013, Abenomics aims to revive Japan’s economy after decades of deflation-driven stagnation.


Where Is Bitcoin Price Heading Next?

Bitcoin has been showing major strength with 11% upside over the past week and has increased past $125,000. The trading volumes for BTC currently stand at $58 billion, with a mild increase in the last 24 hours.

Furthermore, strong institutional demand has aided the Bitcoin price rally last week. Spot Bitcoin ETFs attracted $3.2 billion in inflows last week, marking the second-largest weekly inflow on record.

Year-to-date, these ETFs have accumulated $25 billion in inflows. However, the total inflows since inception in January 2024 have crossed $60 billion, suggesting strong bullish sentiment.

Japan to Initiate Monetary Easing Measures

Speaking at a press conference on Saturday, Japan’s newly elected Prime Minister Sanae Takaichi emphasized that the government would take the lead in shaping fiscal and monetary policy.

She described the Japanese economy as being on a “tightrope”. The Prime Minister also stated that it would be appropriate to maintain accommodative monetary conditions.

Her comments have fueled expectations of additional fiscal easing supported by low interest rates. This has fueled the rally in risk assets like Bitcoin and Japanese equities, along with the surge in Gold.

However, market analysts stated that the upside in Bitcoin price won’t be on a linear path. Crypto analyst Michael van de Poppe said he does not expect Bitcoin (BTC) to break through its all-time high in a single move.

The analyst noted that a consolidation may be necessary before the next major rally. Van de Poppe noted that a correction could occur in the short term, adding that “anything beneath $121,500 is a good area to enter” before Bitcoin potentially advances toward the $150,000 level.

Bitcoin Hyper Presale Approaches $22 Million Milestone

Amid the current Bitcoin price rally, Layer-2 solutions like Bitcoin Hyper are in the limelight, as it has approached the milestone of reaching $22 million of funds raised in the presale.

Bitcoin Hyper, a Layer-2 project built on Bitcoin, is drawing attention from high-risk, high-reward investors as one of the standout crypto presales of 2025. The project aims to enhance Bitcoin’s scalability and transaction efficiency while offering early participants significant upside potential.

Current Presale Statistics:

  • Current price: $0.013065.
  • Amount raised: $21.71 million.
  • Ticker: HYPER. 

Users can purchase BTC Hyper (HYPER) in the presale via ETH, BNB, USDT, or credit card. Take a look at our details Bitcoin Hyper price prediction

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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

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Source: https://www.coinspeaker.com/bitcoin-price-rally-ath-nikkei-225-jumps-5/