According to CoinMeta, the price of Brent crude oil has rebounded to nearly $108, leading to increased concerns in the market regarding Bitcoin and tech stocks. As oil prices rise, so do transportation and production costs, increasing inflationary pressures. Investors' expectations for the Federal Reserve to raise interest rates are also on the rise, with Treasury yields approaching 5%. This has caused Bitcoin to hover above $70,000, facing competition from safe government bonds. The market is watching whether oil prices can remain above $100 to sustain high inflation levels.