The price of bitcoin this weekend rose to its maximum value since August, exceeding the mark of 7,500 dollars. Then, during the day, it decreased by 2.95% to 7,663 dollars, finversia.ru reports. On Saturday, May 11, bitcoin grew by 9%, almost reaching 7 thousand dollars. The market capitalization of cryptocurrency exceeded 200 billion dollars. By Sunday evening, the rate of bitcoin reached 7 thousand 577 dollars. Bitcoin’s share of the cryptocurrency market rose to 59%, having updated October’s high. Nevertheless, Coindesk analyst Sebastian Sinclair expects a weakening of bitcoin domination amid a gradual rise in price of other altcoins.
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