Cryptocurrency prices edge higher with ripple bouncing back 65% after ‘severe’ sell-off
Bitcoin and ethereum — the first and second largest virtual currencies by market value — appeared to recover after Wednesday's lows.
Experts told CNBC earlier this week that investors had been "spooked" by news of regulatory crackdowns from both South Korea and China.
Regulators have expressed concerns over digital assets due to their extremely volatile nature and worries that they could be used for illicit activity.