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 The Kobeissi Letter, the implementation of new tariffs, including a 25% tariff on all goods from Mexico to the US and a 20% tariff on various goods from China to the US, may influence cryptocurrency markets by affecting cross-border trade costs. These tariffs could potentially lead to increased volatility in cryptocurrencies as traders adjust to new trade dynamics and seek alternative investments. The 25% retaliatory tariffs on US goods could also impact investor sentiment, driving interest in decentralized assets like cryptocurrencies.