diff --git a/packages/components/CHANGELOG.md b/packages/components/CHANGELOG.md
index 59cce32e06e841..6ce2f99fab99f8 100644
--- a/packages/components/CHANGELOG.md
+++ b/packages/components/CHANGELOG.md
@@ -4,6 +4,7 @@
 
 ### Bug Fix
 
+-   `Placeholder`: Fix Global Styles typography settings bleeding into placeholder component ([#58303](https://github.com/WordPress/gutenberg/pull/58303)).
 -   `PaletteEdit`: Fix palette item accessibility in details view ([#58214](https://github.com/WordPress/gutenberg/pull/58214)).
 
 ### Experimental
diff --git a/packages/components/src/placeholder/style.scss b/packages/components/src/placeholder/style.scss
index fc9d57b6ec22f1..5bb0e0bb2ef11f 100644
--- a/packages/components/src/placeholder/style.scss
+++ b/packages/components/src/placeholder/style.scss
@@ -33,6 +33,11 @@
 .components-placeholder__fieldset {
 	font-family: $default-font;
 	font-size: $default-font-size;
+	// Global Styles can affect this so we are resetting.
+	letter-spacing: initial;
+	line-height: initial;
+	text-transform: none;
+	font-weight: normal;
 }
 
 .components-placeholder__label {