Tesla, Coinbase, and Trump Trades Lead Market Surge

Following Donald Trump's US presidential election victory, investors are increasingly betting on 'Trump trades,' leading to a surge in Bitcoin, Tesla shares, and the US dollar. Bitcoin hit a record high, Tesla shares rose 7%, and the dollar reached a four-month high. The anticipation of a Trump administration supportive of the crypto industry and light-touch regulation is driving these market movements. Investors are also reacting to potential tax cuts and tariffs, with futures on major indices rising and the Mexican peso declining.