Bitcoin, Ethereum Help Drive Digital Currency Market Cap Above $150 Bln

The sustained solid performance of the cryptocurrencies Bitcoin and Ethereum helped the virtual currency market to soar past the $150 bln mark in total market capitalization.

The price of Bitcoin increased by 3.1 percent to $4,264.26 during trading on Aug. 23, while the price of its main rival Ethereum rose by 0.4 percent to $324.07, its highest level since June 23.

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Ethereum and Bitcoin’s trading performance

The trading performance of Bitcoin has been characterized with lots of volatility lately.

On Aug. 22, the digital currency bri