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Crypto selloff takes a breather, market cap back above $200 billion

August 15, 2018

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Prices of digital currencies are trading higher Wednesday, bucking the recent trend which saw as much as $20 billion wiped off the market cap of cryptocurrencies to begin the week.

Bitcoin BTCUSD, +5.34% the world’s biggest digital currency, is trading back above $6,000 and was last changing hands at $6,319.66, up 3.9% since Tuesday at 5 p.m. Eastern Time on the Kraken cryptocurrency exchange.

Wednesday’s rally has pushed the total value of all cryptocurrencies back above $200 billion to $204, according to data from CoinMarketCap.

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