Trump admin approves $166 billion tariff refund sytem tonight

Despite initial market crashes, Bitcoin actually soared to an all-time high of $126,080 amidst Trump's ongoing tariff escalations, only to collapse after a *specific* 100% China tariff threat. This suggests the market wasn't inherently against tariffs, but reacted to extreme, targeted actions. Does this prove markets can adapt to trade wars, or just that they fear specific escalations?
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