According to The Kobeissi Letter, oil prices have rapidly reached $77 per barrel, raising concerns about rising inflation rates in 2025 (source: The Kobeissi Letter on Twitter, June 13, 2025). Elevated oil prices historically contribute to higher inflation, which can trigger increased market volatility and influence central bank policy decisions. For cryptocurrency traders, persistent inflation may drive renewed interest in Bitcoin (BTC) and Ethereum (ETH) as alternative hedges against fiat currency devaluation. As inflation expectations rise, watch for increased crypto market activity and volatility, especially in inflation-hedge assets (source: The Kobeissi Letter, Twitter).