According to The Kobeissi Letter, recent statements by Powell regarding the economic impact of tariffs have raised significant concerns within the trading community. Powell indicated that the economic impact of tariffs would be larger than expected, leading to high inflation and slower economic growth. This announcement has caused traders to reassess their positions, with potential implications for cryptocurrency markets as investors seek inflation hedges. Such developments could increase volatility in Bitcoin and other digital assets as traders look for safe havens amid economic uncertainty.