Bitcoin rears higher, 10% higher than the recent minimum

Digital currency prices rose higher on Wednesday, bucking the recent trend of $ 20 billion wiped out by cryptocurrency market capitalization to begin the week.

Bitcoin

BTCUSD, + 4.47%

the largest digital currency in the world, trades back over $ 6,500 and the last time rose from $ 6,574.44, up 8, 1% from Tuesday to 17:00. Eastern Time on the Kraken cryptocurrency exchange and is now more than 10% of the recent minimum.

Wednesday's event pushed the total value of all cryptocurrencies to exceed $ 200 billion to $ 212, according to CoinMarketCap data.

Read: The cryptocurrency market has lost more than $ 600 billion from its peak: what exactly happened?

Bitwise offers investors new tools for cryptographic monitoring

Wednesday Bitwise Asset Management, the creator of the world's first cryptocurrency fund, said it had added three new indices for investors to track the baskets of resources digital.

The three new indices – Bitwise 20 Mid Cap, Bitwise 70 Small Cap and Bitwise 100 Total Market – are still not accepting funds, but Hougan said the company is measuring interest.

"We want to get indices out there to encapsulate the whole image of the cryptocurrency market," said Matt Hougan, head of Bitwise Asset Management. "We hope it will become the way investors look at the market as a whole."

Bitwise currently has an application for a publicly traded fund related to bitcoins with the Securities and Exchange Commission. Its application is different because it keeps track of a basket of coins, the HOLD 10 index, as opposed to a single currency.

Read: A Northwestern team thinks it has solved one of the biggest problems of bitcoin

The ether trade returns above $ 300

Ether

ETHUSD, + 10.66%

the currency that runs on the ethereum network, has been in free fall recently, plunging up to 41% in August. Industry participants have speculated that cash-strapped ICOs are downloading Ether to raise funds that cause the second largest digital currency to underperform its rivals. However, Ether had a wakening on Wednesday, the last exchange of 16.3% more at $ 301.08.

Elsewhere, Bitcoin Cash

BCHUSD, + 5.48%

trades 9.5% more at $ 534.00, Litecoin

LTCUSD, + 6.41%

gained 12.3% to $ 58,71 and the Ripple XRP

XRPUSD, + 8.59%

increased by 13.4% to 30 cents.

After an approximate start of the week, bitcoin futures followed the highest spot markets. The August contract of Cboe Global Markets Inc.

XBTQ8, + 7.37%

increased by 8.1% to $ 6.565 and the August contract of CME Group Inc.

BTCQ8, + 4.86%

increased by 7.9% to $ 6.555.

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