According to The Kobeissi Letter, the 'TACO' (Trump Always Chickens Out) trade has gained traction on Wall Street, where traders are buying stocks following Trump tariff headlines, betting that Trump will reverse or soften his stance, leading to stock rallies (source: The Kobeissi Letter, May 28, 2025). This strategy increases short-term equity market volatility, which can spill over into the cryptocurrency market as traders look for safe-haven or alternative assets during sudden equity swings. Crypto traders should monitor these headline-driven stock moves, as any rapid shifts in risk sentiment could influence Bitcoin and altcoin prices.