US measures hit “Bitcoin”-led digital currencies

In the context of the sanctions that the United States of America and the European Union continue to impose on Russia, the new American measures have led the market to suffer losses.

Recently, the US government sanctioned the Russian miner’s bitcoinwith the Office of Foreign Assets Control (OFAC) which specifically put the Moscow-based company Bittrefer on its blacklist. The US authorities have added 10 headquartered branches to the list in Russia of Petriver AG, the Swiss holding company of Petriver AG.

This is the first time that the United States of America has imposed sanctions on a cryptocurrency mining company. The latest sanctions aim to damage the Russian economy in the wake of Russian military operations on Ukrainian soil.

The latest EU sanctions forced Binance to crack down on Russian users. The platform has started to take “restrictive measures” against Russian users and entities and Russian users with accounts with more than 10,000 euros in cryptocurrency will face the brunt of these penalties, which will end with the closure of their accounts within 90 days.

In terms of tradingin the past 24 hours, the combined market value of cryptocurrencies fell 3.6%, losing about $ 68.6 billion, after their total market value dropped from the $ 190.5 billion level to about $ 1851.9 billion in trading today.

At the forefront of the losing digital currencies has been the “Bitcoin” currency and in the past few hours the currency has experienced a 4.3% decline, compared to a 1.4% weekly loss, to be traded in the trading today at the level of $ 39,739. While its combined market value stabilized at the $ 753.3 billion level.

The currency “Ethereum”, which ranked second in the list of the largest cryptocurrencies by market value, has recorded losses in the last few hours of 2.8%, compared to a 1.7% weekly decline, to be traded in the trading today at the $ 2,977 level. While its combined market value has stabilized at the $ 358.29 billion level.

While the “Tezr” and “USD” currency stabilized at the $ 1 level, the combined market value stabilized at the $ 83.09 billion and $ 49.88 billion level.

While the currency “BNP” ranked fourth among the largest cryptocurrencies by market value, the currency has been losing 1% in the past few hours, compared to a 2% weekly decline, to stabilize its price in the past few hours. trading today at the $ 409.74 level. Its combined market value also stabilized at $ 66.8 billion.

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