According to The Kobeissi Letter, traders are closely watching Federal Reserve Chair Jerome Powell this week amid renewed pressure from former President Trump to cut interest rates (source: @KobeissiLetter, May 4, 2025). The Kobeissi Letter notes that their trading portfolio has returned over 370% since 2020. Market participants are anticipating volatility in both traditional and crypto markets as the Fed's rate decision approaches, with rate-sensitive assets like Bitcoin and Ethereum likely to see increased trading activity depending on Powell's stance.