Virtual asset prices moved lower as surging international oil prices and higher U.S. long-term Treasury yields fueled expectations of interest rate hikes. As of 8 a.m. on the 10th, Bitcoin traded at $77,970, down 0.77% from 24 hours earlier, while Ethereum fell 1.38% to $2,452, according to CoinMarketCap, a virtual asset market tracking site. Ripple dropped 4.51% to $1.38 and Solana declined 2.10% to $101. Concerns about crude oil supply disruptions stemming from instability in the Middle East pushed Brent crude above $101. The U.S. 10-year Treasury yield also breached 4.85% during trading, raising concerns that the Federal Reserve (Fed) may face greater pressure to raise interest rates.