Crypto prices - bitcoin price continues to fall

Ethereum trades overtook bitcoin's for the first time this week

                                

The price of bitcoin, the world's most popular cryptocurrency, was trading down by 4.22% at $33,217 at 11:15 BST (10:15 UTC).

The fall only marked a 0.55% loss over the last seven days, but it came as its rival cryptocurrency ether was trading up 8.68% on the week at $2,114 according to CoinMarketCap.

Although the value of ether (ETH) is still some way from eclipsing bitcoin, this is the first time the number of ether trades (sometimes referred to as addresss) surpassed bitcoin's, as Santiment happily tweeted earlier.

More fallers

Cardano was also down 1.14% compared to the previous day, and 1.96% on the week at $1.32. Trade in tether was more muted, but it was only slightly off both the week's and the previous day’s high at $1.0.

Binance was trading at down 2.01% on the day and 5.23% on the week at $286.92 - as an FCA ban and a crackdown on cryptocurrency exchanges by the UK banking group NatWest continued to make themselves felt.

Read more: Inflation fears subside as Bank of England keeps rates on hold

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