EOS Sees Significant Surge, Bitcoin and Ethereum Dip
EOS Posts Strong Gains Amid Broader Market Fluctuations
EOS surged 11.87% on Tuesday, marking its largest one-day percentage gain since March 18. The cryptocurrency traded at $0.5621 by 18:52 GMT, with its market cap rising to $810.9649M, representing 0.04% of the total crypto market cap. Over the past 24 hours, EOS fluctuated between $0.4869 and $0.5621, while its 7-day performance showed a 6.38% increase. Despite this rally, EOS remains 97.55% below its all-time high of $22.98, reached on April 29, 2018.
The 24-hour trading volume for EOS was $117.2142M, accounting for 0.05% of the total crypto volume. This upward movement contrasts with the broader market, where major cryptocurrencies like Bitcoin and Ethereum saw declines.
Broader Market Snapshot
Bitcoin fell 1.92% to $82,455.5, while Ethereum dropped 0.74% to $1,917.88. Bitcoin's market cap stood at $1,632.6880B, dominating 85.71% of the crypto market, with Ethereum's market cap at $230.9757B, representing 12.13% of the total market value.
EOS's recent surge highlights its volatility and potential for short-term gains, even as it remains far below its historical peak. Meanwhile, Bitcoin and Ethereum's dips reflect ongoing market fluctuations.
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