The total value of all cryptocurrencies in circulation reached $2 trillion on Wednesday (August 12) for the first time since May.

 According to data provided by Coingecko, digital asset values peaked at $2.007 trillion on Wednesday.

Crypto Market Cap
Image Credit: Coingecko

Bitcoin, the largest and most influential cryptocurrency, accounted for 43.4% of the overall market, while Ethereum took 18.8% of the market share.

Bitcoin surged this week to a nearly three-month high as policy makers hashed out last-minute compromises over how to tax crypto assets. As of writing, a Bitcoin is $45,015.18.

Peer coins also benefited, with Dash, Ether and Litecoin, among others, each up at least 3%

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