{"id":67001,"date":"2026-08-25T01:38:14","date_gmt":"2026-08-25T05:38:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/"},"modified":"2026-08-25T01:38:14","modified_gmt":"2026-08-25T05:38:14","slug":"global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/","title":{"rendered":"Global Markets Roundup: Bitcoin Surges to $80,000 as Japan Inflation Ticks Higher"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Digital_Assets_and_Currencies\" >Digital Assets and Currencies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Asian_Market_Developments\" >Asian Market Developments<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Macroeconomic_Indicators\" >Macroeconomic Indicators<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Corporate_and_Industrial_News\" >Corporate and Industrial News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-roundup-bitcoin-surges-to-80000-as-japan-inflation-ticks-higher\/67001\/#Sovereign_Debt_and_Infrastructure\" >Sovereign Debt and Infrastructure<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>) surged above $80,000<\/strong> for the first time since May, driven by a &quot;debasement trade&quot; narrative following U.S. Treasury buyback announcements and a massive <strong>$2.7 billion short squeeze<\/strong>.<\/li>\n<li><strong>Japan&#39;s core-core CPI<\/strong> (excluding special factors) rose <strong>2.2% in July<\/strong>, up from 2.0% in June, signaling persistent underlying price pressures that may influence future Bank of Japan (BOJ) policy.<\/li>\n<li><strong>The UK government announced a \u00a339 billion plan<\/strong> to deliver 70,000 social and affordable homes across England over the next decade, marking a significant shift in national housing strategy.<\/li>\n<li><strong>Taiwan\u2019s TAIEX index reversed early losses<\/strong> to gain 0.5%, finishing above the <strong>45,000-point mark<\/strong> as buying interest returned to heavyweight semiconductor and shipping stocks.<\/li>\n<li><strong>Fitch Ratings projects moderate growth<\/strong> in the UAE debt market for 2H26 and 2027, with government debt expected to rise while banks and corporates issue debt on an opportunistic basis.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Digital_Assets_and_Currencies\"><\/span>Digital Assets and Currencies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>)<\/strong> hit a more than three-month high on Tuesday, climbing nearly 3% in early Asian trading to reach <strong>$81,238<\/strong>. The rally has been fueled by a resurgence of the &quot;debasement trade,&quot; with investors seeking a hedge against a weakening U.S. dollar following Treasury Secretary Scott Bessent&#39;s plan to expand bond buybacks. Analysts also noted that a <strong>$2.7 billion short squeeze<\/strong>\u2014the largest liquidation event since 2021\u2014forced traders to buy back positions, accelerating the upward momentum.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Asian_Market_Developments\"><\/span>Asian Market Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Taiwan\u2019s benchmark <strong>TAIEX<\/strong> index staged a recovery on Tuesday, reversing an intraday loss to close up <strong>0.65% at 45,224.29<\/strong>. Heavyweight chipmaker <strong>TSMC (<a href=\"\/stock\/TSM\">TSM<\/a>)<\/strong> rose 1.47%, while shipping stocks saw strong gains supported by rising freight rates and geopolitical tensions in the Middle East. Meanwhile, in the Philippines, retailers are reportedly &quot;tweaking recipes&quot; and staggering price increases to cater to consumers squeezed by high inflation and a weak peso, which has become Asia&#39;s third-worst-performing currency this year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Macroeconomic_Indicators\"><\/span>Macroeconomic Indicators<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Japan&#39;s economic data for July showed a mixed but firming inflation profile. While the <strong>Core CPI<\/strong> (excluding special factors) slowed to <strong>2.3%<\/strong> from 2.6% in June, the <strong>Core-Core CPI<\/strong>\u2014which strips out more volatile elements\u2014ticked up to <strong>2.2%<\/strong>. This suggests that underlying inflation is becoming more entrenched, potentially clearing the path for the <strong>Bank of Japan<\/strong> to consider further interest rate adjustments later this year.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Corporate_and_Industrial_News\"><\/span>Corporate and Industrial News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>HSBC (<a href=\"\/stock\/HSBC\">HSBC<\/a>)<\/strong> lowered its price target for <strong>Honeywell Technologies (<a href=\"\/stock\/HON\">HON<\/a>)<\/strong> to <strong>$288<\/strong> from $299.79, reflecting a more cautious outlook on industrial growth. In Australia, the industrial dispute at <strong>BHP Group (<a href=\"\/stock\/BHP\">BHP<\/a>)<\/strong> operations continues; port workers have submitted a counter-proposal regarding a new wage deal. Both parties are scheduled to meet again on <strong>September 8<\/strong> to attempt to resolve the standoff at Port Hedland, the world\u2019s largest iron ore export hub.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Sovereign_Debt_and_Infrastructure\"><\/span>Sovereign Debt and Infrastructure<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Fitch Ratings<\/strong> expects the <strong>UAE debt capital market<\/strong> to expand moderately, potentially surpassing <strong>$350 billion<\/strong> in 2026. The growth is expected to be supported by a strong presence in the <strong>Sukuk (Islamic bond)<\/strong> market and government funding diversification plans. In Europe, the UK government&#39;s <strong>\u00a339 billion housing plan<\/strong> aims to build 70,000 homes in its first phase, with <strong>60%<\/strong> of these designated for social rent to address the country&#39;s long-standing housing shortage.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Bitcoin (BTC) surged above $80,000 for the first time since May, driven by a &quot;debasement trade&quot; narrative following [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[4025,5377,5441,6754,10049,12740,21952,21953],"class_list":["post-67001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-boj","tag-bank-of-japan","tag-uk-housing","tag-bitcoin-btc-stock-btc","tag-taiex","tag-bhp-group-bhp-stock-bhp","tag-honeywell-technologies-hon-stock-hon","tag-uae-debt"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/67001","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=67001"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/67001\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=67001"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=67001"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=67001"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}