EOS Price Plummets to Lowest Point in Months Amid Cryptocurrency Market Downturn
EOS Price Plummets to Lowest Point in Months
EOS was trading at $0.7331 on the Investing.com Index, marking a 10.12% drop in a single day. This decline represents the largest one-day percentage loss since January 19. The cryptocurrency's market cap fell to $1.1450B, accounting for just 0.03% of the total cryptocurrency market cap.
Over the past 24 hours, EOS traded within a range of $0.7331 to $0.7801. In the last seven days, the cryptocurrency has lost 10.02% of its value. Despite this, EOS remains down 96.81% from its all-time high of $22.98, achieved on April 29, 2018.
Broader Cryptocurrency Market Trends
The downturn in EOS's price reflects broader market trends. Bitcoin, the leading cryptocurrency, dropped 5.09% to $99,748.7, while Ethereum fell 6.66% to $3,119.62.
Bitcoin's market cap stood at $1,986.5401B, representing 57.97% of the total cryptocurrency market cap. Ethereum's market cap totaled $378.9125B, accounting for 11.06% of the market.
The cryptocurrency market continues to experience volatility, with major coins seeing significant price fluctuations. Investors remain cautious as the market navigates ongoing uncertainty.
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