Cryptos: Crypto rally adds $7 billion to total value of all coins

Major cryptocurrency prices were trading higher Tuesday afternoon, with the best-known cryptocurrency headed above $3,800, erasing losses from the previous session.

A single bitcoin BTCUSD, -0.13% the world’s largest digital currency, was last changing hands at $3,837.70, up 3.7% since Monday’s level at 5 p.m. Eastern time on the Kraken crypto exchange. The cryptocurrency touched an intraday high of $3,874.60, 5% off yesterday’s session nadir below $3,680.

The broad-based rally added $7 billion to the total value of all cryptocurrencies which stands at $132 billion, according to data from CoinMarketCap.

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