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Japan's Topix index just wrapped up 2025 with a bang—hitting record levels at year-end. It's worth noting what this means for global markets and investor sentiment heading forward. When major equity indices around the world are hitting fresh highs, it typically signals confidence in economic fundamentals. For those tracking crypto markets, these macro trends matter more than ever. Traditional asset performance often correlates with institutional appetite for alternative investments like digital assets. So while we're watching crypto, keep an eye on what traditional finance is doing.