Cryptocurrencies have staged a mild rebound on Friday amidst easing geopolitical tensions and declining crude oil prices. Reports of a tentative deal between the U.S. and Iran lifted global market sentiment on Friday. Overall cryptocurrency market capitalization has gained 0.2 percent in the past 24 hours.

Relief at the prospects of a deal to extend the U.S.-Iran ceasefire by 60 days helped improve crypto market sentiment. Overall crypto market capitalization has increased 0.21 percent in the past 24 hours to $2.46 trillion. The 24-hour trading volume has however decreased 19 percent to $86 billion. More than 35 of the top 100 cryptocurrencies are trading with overnight gains of more than a percent whereas 18 are trading with overnight…