A mood of cautious optimism prevails in crypto markets amidst anticipation ahead of the talks between the U.S. and Iran. The positive flows to U.S.-listed Bitcoin and Ethereum Spot ETF products supported sentiment. Inline readings of headline inflation and less-than-expected levels of core inflation from the U.S. for March also supported sentiment. The overnight decline in crude oil prices also supported sentiment. Overall market capitalization of cryptocurrencies has gained more than a percent in the past 24 hours while Bitcoin touched a high of $73,107 during the same period.

Bitcoin Spot ETF products in the U.S. witnessed net inflows of $358 million on Thursday versus net outflows of $94 million on Wednesday and $159 million on…