Cryptocurrency

EOS cryptocurrency plunges 11% in market decline.

The rollercoaster ride of EOS

EOS takes a dive

EOS plummeted to $0.7477 by 14:35 (18:35 GMT) on the Investing.com Index last Sunday, marking a 10.52% decline in a single day – the largest since April 13.

Market cap blues

This downward spiral dragged EOS’s market cap down to $837.9905M, equivalent to 0.04% of the total cryptocurrency market cap, a far cry from its peak at $17.5290B.

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Recent performance and volatility

Over the past week, EOS experienced a significant value drop of 27.25%, with a trading range of $0.6550 to $1.1496. In the last 24 hours alone, it swung between $0.7021 and $0.7669.

All-time low

At its current price, EOS stands a whopping 96.75% below its all-time high of $22.98 achieved on April 29, 2018.

Elsewhere in the crypto world

Bitcoin blues and Ethereum’s woes

Bitcoin saw a 3.08% dip to $64,661.9 on the Investing.com Index, while Ethereum suffered a 4.55% loss at $3,086.35.

Market cap standings

Bitcoin commands a market cap of $1,264.8981B (54.35% of the total crypto market cap), contrasted by Ethereum’s $370.0731B (15.90% of the total value).

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