In its weekly trade report, Zebpay, a cryptocurrency exchange, said Bitcoin has been quite volatile this week.
Ethereum, on the other hand, has been pretty range-bound.
“In the second half of the week, an upward trend has set in, in the markets.
However, a proposal from the global regulators that banks must set aside enough capital to cover losses on any bitcoin holdings in full poured cold water on the excitement and dragged the currencies further.