According to The Kobeissi Letter, the imposition of tariffs on 185 countries by the US without any prior leaks is unprecedented. This move could lead to significant volatility in cryptocurrency markets as traders reassess geopolitical risks and potential impacts on global trade. The sweeping tariff implementation is deemed the largest in US history, potentially influencing market sentiment and leading to increased demand for decentralized financial assets as a hedge against fiat currency instability.

According to @KobeissiLetter, President Trump announced reciprocal tariffs on 185 countries simultaneously, marking one of the largest tariff impositions in US history. This announcement led to S&P 500 futures erasing $2 trillion of market capitalization in under 15 minutes, indicating significant market volatility and potential trading opportunities.