According to The Kobeissi Letter, President Trump's imposition of tariffs on 185 countries simultaneously shocked global markets. This unprecedented move, not leaked beforehand, represents the largest tariff wave in U.S. history, highlighting a potential for significant market volatility due to trade disruptions.

According to The Kobeissi Letter, the US has implemented tariffs that have resulted in a weighted-average tariff rate of 29%, surpassing historical levels set by the Smoot-Hawley Act. This increase could lead to heightened volatility in cryptocurrency markets as investors seek alternative assets amidst potential trade disruptions. Traders should monitor market reactions closely as cryptocurrencies may become a hedge against economic instability.

According to The Kobeissi Letter, the recent increase in the US weighted-average tariff rate to 29% marks a historic high, surpassing even the Smoot-Hawley Act levels from the 1930s. This significant rise in tariffs could lead to increased volatility and uncertainty in the cryptocurrency markets as investors seek alternative assets to hedge against potential trade disruptions and economic instability.