Binance Crypto Exchange Stops Service in Russia In Line With EU Sanctions; Bitcoin Falls

Global cryptocurrency exchange, Binance, has deactivated the accounts of its major clients in Russia, cutting back its services in the country in line with European Union sanctions following Moscow’s invasion of Ukraine.Russian nationals and people living in Russia, as well as companies based there that hold crypto worth over 10,000 euros , on OpenSea marketplace.

The price of Bitcoin in the cryptocurrency market fell by 4.58 per cent in the last 24 hours, and it was trading at $40,486.67 at 4:45 pm IST.

Samoyedcoin was down by 3.48 per cent, and trading at $0.01889, while Dogelon Mars  was down by 9.35 per cent, and was trading at $0.0000009466.

According to Coinmarketcap.com, the global crypto market cap was at $1.88 trillion, a decrease of 3.62 per cent in the last 24 hours, while the total crypto market volume was $106.41 billion, up by 10.22 per cent.

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