HomeCryptocurrencyEOS plunges 11% in market decline, facing significant losses due to recent...

EOS plunges 11% in market decline, facing significant losses due to recent turmoil in the market.

Cryptocurrency Market Update

EOS Experiences Significant Decline

EOS faced a notable setback in its value, dropping by 10.52% to $0.7477 on the Investing.com Index by 14:35 (18:35 GMT) on Sunday. This decline marked the largest one-day percentage loss since April 13. The downward trend also led to a decrease in EOS’s market cap to $837.9905M, representing 0.04% of the total cryptocurrency market cap. Notably, EOS’s market cap had reached $17.5290B at its peak. Within the previous twenty-four hours, EOS had traded between $0.7021 and $0.7669.

EOS’s Weekly Performance

Over the past week, EOS witnessed a substantial 27.25% decline in value. The volume of EOS traded in the twenty-four hours leading up to the current price stood at $385.9962M, accounting for 0.21% of the total volume of all cryptocurrencies. During the last seven days, EOS had a trading range of $0.6550 to $1.1496. Despite the current price, EOS remains down by 96.75% from its all-time high of $22.98 recorded on April 29, 2018.

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Bitcoin and Ethereum Performance

Bitcoin recorded a price of $64,661.9 on the Investing.com Index, marking a 3.08% decrease for the day. Similarly, Ethereum experienced a loss, trading at $3,086.35 on the same index, reflecting a 4.55% decline. Bitcoin’s market cap reached $1,264.8981B, constituting 54.35% of the total cryptocurrency market cap, while Ethereum’s market cap stood at $370.0731B, accounting for 15.90% of the total cryptocurrency market value.

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