According to The Kobeissi Letter, inflation has returned to the forefront as oil prices approach $74 per barrel, marking a nearly $20 increase since the April low. The renewed rise in oil prices, triggered by escalating geopolitical tensions, is expected to influence global markets, including cryptocurrency trading activity. Historically, higher inflation and energy costs have led to increased interest in inflation-hedged assets such as Bitcoin (BTC), potentially fueling volatility and trading opportunities in the crypto sector (source: The Kobeissi Letter on Twitter, June 13, 2025).