Cryptocurrencies’ total market value edged up to another record high Wednesday, surpassing that of the U.S.’ largest bank.
The combined market capitalization of all digital currencies reached an all-time high of more than $370 billion at about 6:50 a.m. London time, according to Coinmarketcap data. This figure is worked out by multiplying the prices of cryptocurrencies by the total volume of those digital currencies in circulation.