European stock markets opened higher as Donald Trump declared victory in the closely contested US presidential election, leading to a spike in market optimism. London’s index rose 0.9%, with Paris and Frankfurt also making gains. The dollar strengthened significantly against the euro and British pound, while Treasury yields reached a four-month high. Analysts anticipate that Trump’s economic policies could heighten inflation and influence interest rates, resulting in a mixed outlook for investors. Notably, Bitcoin soared by over 8%, reflecting perceived support for cryptocurrencies under a Trump administration.