From the absolute bottom to the top on Wednesday, Bitcoin recovered $9,000. This was as President Trump announced a 90-day pause in his imposition of tariffs. The pause was for all countries except China, which now has its levy increased to a whopping 125%. 

Tariffs pause ignites markets

Seemingly with no end in sight, President Trump’s tariff strategy was strangling the global economy and sending stock markets into a tailspin. However, in one false swoop on Wednesday, the announcement came that all tariffs would now be paused for 90 days, except for those on China, which were raised to 125%.

On the news, markets shot into the green and started climbing as if they had left a huge weight behind. The S&P 500 finished the day up 9.52%, the Nasdaq Composite at 12.16%, and the Dow …