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.