According to The Kobeissi Letter, crude oil prices have surged to $76 per barrel, marking a 40% increase since April 9, 2025 (source: Twitter, @KobeissiLetter). This significant rise in energy prices reverses the trend of lower inflation seen during President Trump’s term, where cheaper oil was used as a tool to drive inflation down. For crypto traders, heightened energy costs typically pressure traditional asset markets, historically leading to increased volatility and correlated movements in major cryptocurrencies like BTC and ETH. Traders should monitor oil price trends closely, as sustained high energy costs may influence inflation expectations, monetary policy, and crypto price action.

According to The Kobeissi Letter, oil prices have surged in a near-straight line above $72 per barrel as Israeli military strikes on Iran persist, creating heightened risk sentiment in global markets (source: The Kobeissi Letter, June 13, 2025). This sharp rally in crude oil could trigger increased volatility across risk assets, including Bitcoin (BTC), Ethereum (ETH), and other major cryptocurrencies, as traders anticipate inflationary pressures and potential safe-haven flows. Crypto traders should monitor energy price trends closely, as further escalation may impact liquidity, trading volumes, and short-term price action in digital assets.