The market capitalization of cryptocurrency exceeded $200 billion. Bitcoin aimed at $7,000

Over the past day, the price of Bitcoin has grown by almost 9%, coming close on Saturday morning to the mark of $ 7,000. At the same time, the total capitalization of the cryptocurrency market exceeded $ 200 billion, returning to the indicators of mid-November last year.

As of 07:00 UTC on May 11, the first cryptocurrency was traded on the Bitstamp exchange at around $ 6800. Shortly before this, the rate rose to $ 6,964.

Also noteworthy is the continued increase in Bitcoin dominance – by this time, BTC accounts for 59.5% of the total market capitalization.

Leading Altcoins, meanwhile, are showing more restrained growth. So, Ethereum per day rose by 2.22% ($ 178), Litecoin ($ 78.7) rose by 2.49%, Stellar price ($ 0.094) rose by 3.77%.

Zorain Zubair
Zorain is co-founder of TechLapse. Based in Pakistan, Zorain is currently studying Business Management and aims to achieve the title of Chartered Accountant. Zorain loves writing about various technology news. He can be reached at: [email protected]

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