Major cryptocurrency prices were trading higher Tuesday afternoon, with the best-known cryptocurrency headed above $3,800, erasing losses from the previous session.

A single bitcoin BTCUSD, +0.22% , the world’s largest digital currency, was last changing hands at $3,837.70, up 3.7% since Monday’s level at 5 p.m. Eastern time on the Kraken crypto exchange. The cryptocurrency touched an intraday high of $3,874.60, 5% off yesterday’s session nadir below $3,680.