The recent trade policies implemented by President Trump have resulted in a significant increase in the stock prices of Coinbase and other crypto mining companies. Investors are flocking to these stocks as they see the potential for growth in the cryptocurrency market. This spike in stock prices is a direct result of the uncertainty and volatility surrounding international trade agreements. As a result, many investors are turning to alternative investments such as cryptocurrencies to hedge against potential losses in traditional markets. The future of these stocks remains uncertain, but for now, they are experiencing a surge in value due to the current trade climate.
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