A tentative US-Iran deal to restart oil exports sent crude prices down over $4 per barrel. Here's what cheaper oil means for Bitcoin and crypto markets.

Oil prices dropped on Sunday after President Donald Trump said an agreement with Iran had been reached and the United States would end its naval blockade on the country.

Oil prices drop 4% after the US and Iran agree to reopen the Strait of Hormuz within 30 days, with WTI crude falling to the $81-85 range and crypto markets