India, March 24 -- Cryptocurrencies jumped in the past 24 hours as markets reacted to reports of potential easing in tariff rules proposed by the U.S. Markets gained amidst expectations that the upcoming April 2 reciprocal tariffs could be less harsh than initially feared.

Only 3 of the top 100 cryptocurrencies are currently trading with overnight losses of more than a percent. On the other hand, around 75 of the top 100 cryptocurrencies are trading with overnight gains of more than a percent.

The CMC Fear and Greed Index, a proprietary tool developed by CoinMarketCap to measure the emotional state of the market is currently at 31 denoting "Fear". It was at 27 a day ago and 22 a week ago. Both denote a state of fear.

Bitcoin dominates 60...