BTC, ETH and XRP

AUD/USD is trading near three-year highs after a strong break above the 0.7000 psychological level for the first time since February 2023, supported by the Reserve Bank of Australia's surprise 25 basis point rate hike to 3.85% at its February meeting. The daily chart shows the pair in a well-defined uptrend, holding above both the 50-day Exponential Moving Average near 0.6970 and the 200-day EMA around 0.6700.

The daily chart shows spot Gold in a parabolic uptrend that accelerated sharply from the $4,600 area in late January, printing a record high at $5,598.25 before a violent reversal erased nearly $1,000 in value during the final days of the month. 

The USD/JPY pair tumbles to near 155.90 during the early Asian session on Tuesday. The Japanese Yen strengthens against the US Dollar after Japanese Prime Minister Sanae Takaichi led the ruling Liberal Democratic Party to a historic landslide win. Traders braced for key US economic data that could offer more clues on the Federal Reserve's monetary policy.

Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.

I do not think I would be exaggerating to say that Japanese Prime Minister Sanae Takaichi’s snap general election gamble paid off over the weekend – and then some. This secured the Liberal Democratic Party (LDP) an unprecedented mandate just three months into her tenure.

Japanese stocks surged to record highs on Monday, as Prime Minister Sanae Takaichi's Liberal Democratic Party (LDP) basked in a historic election victory.