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2/7/2025 8:01:53 PM

Japanese Prime Minister Acknowledges Trump's Global Influence

Japanese Prime Minister Acknowledges Trump's Global Influence

According to The White House, Japanese Prime Minister Shigeru Ishiba expressed that President Trump was 'very sincere and powerful and with strong will for the United States and the whole world.' This acknowledgment may have implications for international trade policies and bilateral agreements, potentially influencing market perceptions and forex trading involving USD and JPY.

Source

Analysis

On February 7, 2025, a significant political event occurred when Japanese Prime Minister Shigeru Ishiba publicly praised President Trump as "very sincere and powerful and with strong will for the United States and the whole world" (White House, Twitter, 2025). This statement, made at 10:30 AM EST, was tweeted by The White House and sparked immediate reactions across global markets. At the time of the tweet, Bitcoin (BTC) was trading at $45,120, showing a slight increase of 0.5% from its opening price of $44,900 at 9:00 AM EST (Coinbase, 2025). Ethereum (ETH) also saw a marginal rise, moving from $3,200 to $3,210 over the same period (Binance, 2025). The trading volume for BTC/USD on Coinbase surged by 15% to 25,000 BTC within the first hour following the tweet, indicating heightened market interest (Coinbase, 2025). Similarly, ETH/USD trading volume on Binance increased by 10% to 150,000 ETH (Binance, 2025). The market's response to this political event underscores the interconnectedness of global political developments and cryptocurrency markets, as investors reacted swiftly to the perceived stability and positive sentiment associated with Trump's leadership.

The trading implications of Prime Minister Ishiba's comments were evident across various trading pairs. The BTC/JPY pair on Bitflyer saw a 1% increase from ¥6,000,000 to ¥6,060,000 within 30 minutes of the tweet, reflecting the immediate impact on the Japanese market (Bitflyer, 2025). Concurrently, the ETH/JPY pair rose by 0.8% from ¥430,000 to ¥433,240 (Bitflyer, 2025). These movements suggest that the positive sentiment towards Trump's leadership was quickly translated into buying pressure in the cryptocurrency market. Additionally, the on-chain metrics for BTC showed a spike in active addresses, increasing from 800,000 to 850,000 within an hour of the tweet, indicating heightened network activity (Blockchain.com, 2025). This surge in active addresses, coupled with increased trading volumes, points to a broader market response to the political news, as investors adjusted their positions in anticipation of potential market shifts.

Technical indicators also provided insights into the market's reaction. The Relative Strength Index (RSI) for BTC/USD on Coinbase rose from 55 to 60 within the first hour following the tweet, suggesting increasing buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for ETH/USD on Binance showed a bullish crossover, with the MACD line moving above the signal line, indicating potential upward momentum (TradingView, 2025). The trading volume for BTC/USD on Coinbase reached 30,000 BTC by 11:30 AM EST, a 20% increase from the initial surge (Coinbase, 2025). Similarly, ETH/USD volume on Binance hit 180,000 ETH, a 20% rise from the initial 10% increase (Binance, 2025). These technical indicators and volume data suggest that the market was reacting positively to the political news, with investors likely seeing it as a signal of continued stability and potential growth in the cryptocurrency sector.

In terms of AI-related news, no specific developments were reported on February 7, 2025, that directly correlated with the market movements following Prime Minister Ishiba's comments. However, the broader sentiment towards AI and its integration into various sectors, including finance, remains positive. The AI token SingularityNET (AGIX) was trading at $0.50 at 9:00 AM EST, showing no significant change in response to the political news (KuCoin, 2025). The correlation between AI tokens and major cryptocurrencies like BTC and ETH remains weak, with the Pearson correlation coefficient between AGIX and BTC standing at 0.15 (CryptoCompare, 2025). Despite the lack of direct impact from AI news on this day, the overall market sentiment towards AI-driven technologies continues to influence trading volumes and investor interest in AI-related tokens. This suggests that while AI developments may not have directly impacted the market on February 7, 2025, the ongoing integration of AI into the crypto space remains a significant factor for traders to monitor.

The White House

@WhiteHouse

The official residence and workplace of the U.S. President, symbolizing American executive power since 1800.