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Japan's Supermajority Boosts Stocks, Yen, and Bitcoin Surge

2/10/2026

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Summary

Story summary

Sanae Takaichi, Japan's prime minister and LDP leader, won a supermajority in the February 8, 2026 elections, enabling her to push defense spending and tax suspensions.
Japanese stocks reached record highs, signaling renewed investor confidence.
The yen strengthened to 156.88 per dollar.
In the United States, major stock indexes rose, led by technology shares.
Bitcoin surged over 11%, trading at $70,312.88, signaling sustained investor interest.

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Story summary

Sanae Takaichi, Japan's prime minister and LDP leader, won a supermajority in the February 8, 2026 elections, enabling her to push defense spending and tax suspensions.
Japanese stocks reached record highs, signaling renewed investor confidence.
The yen strengthened to 156.88 per dollar.
In the United States, major stock indexes rose, led by technology shares.
Bitcoin surged over 11%, trading at $70,312.88, signaling sustained investor interest.