EOS Price Surges 10% Amid Broader Cryptocurrency Market Rally
EOS Price Surges 10% Amid Broader Cryptocurrency Market Rally
EOS experienced a significant price surge, climbing 10.13% to $0.4884 on Wednesday, marking its largest one-day percentage gain since March 2. This upward movement pushed its market cap to $754.8736 million, representing 0.03% of the total cryptocurrency market cap. Despite this rally, EOS remains 97.87% below its all-time high of $22.98, reached on April 29, 2018.
Over the past 24 hours, EOS traded within a narrow range of $0.4849 to $0.4884, with a total volume of $119.5554 million, accounting for 0.09% of the total cryptocurrency volume. However, over the past seven days, EOS has declined by 8.69%, trading between $0.4347 and $0.5702 during this period.
Broader Market Context
The rally in EOS coincided with gains in other major cryptocurrencies. Bitcoin surged 6.91% to $83,015.9, while Ethereum climbed 5.78% to $1,920.56. Bitcoin's market cap dominated the space at $1,642.1101 billion, representing 61.29% of the total cryptocurrency market cap. Ethereum's market cap stood at $231.2357 billion, or 8.63% of the total market value.
This bullish momentum across major cryptocurrencies suggests a positive trend in the market, with investors showing renewed confidence in digital assets.
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