EOS Price Plummets 10% in One Day Amid Broader Crypto Market Volatility
EOS Price Plummets 10.33% in One Day
EOS saw a significant decline on Thursday, trading at $0.6164 by 12:00 (16:00 GMT) on the Investing.com Index. This marked its largest one-day percentage loss since April 10, with the cryptocurrency dropping 10.33%. The downward movement pushed EOS’s market cap down to $968.8881M, representing just 0.04% of the total cryptocurrency market cap.
Over the past 24 hours, EOS traded within a narrow range of $0.6148 to $0.7159. The past seven days have been challenging, with EOS losing 24.45% of its value. Trading volume for EOS reached $260.7619M, accounting for 0.18% of the total cryptocurrency volume.
EOS remains significantly below its all-time high of $22.98, achieved on April 29, 2018, with its current price reflecting a 97.32% decline from that peak.
Bitcoin and Ethereum Show Mixed Movements
Bitcoin was last trading at $78,739.9 on the Investing.com Index, posting a 0.64% gain on the day. Its market cap stood at $1,576.3419B, representing 62.49% of the total cryptocurrency market cap.
Ethereum, on the other hand, saw a slight decline of 0.44%, trading at $1,496.16. Its market cap totaled $181.9527B, or 7.21% of the total cryptocurrency market value.
The broader cryptocurrency market continues to experience volatility, with EOS bearing the brunt of the downturn. Investors remain cautious as the crypto market navigates ongoing uncertainty.
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