The price of Bitcoin hit another all-time high, exceeding $89,000, according to data from Binance .

The price of bitcoin rose to a new all-time high of over $79,000, Binance platform data showed.

As part of the fifth package of sanctions against Russia and Russian citizens, the EU has forced the Binance exchange to restrict the capabilities of Russians to use the platform. The first restriction appeared in April 2022 when Russians were prohibited from holding more than 10,000 euros on European crypto accounts and wallets.