EOS Experiences 10% Decline in Selloff
EOS Plummets by 10.07%
Investing.com – In a surprising turn of events, EOS witnessed a substantial decrease in value, plummeting by 10.07% to reach $0.9237 by 00:59 (04:59 GMT) on the Investing.com Index this Tuesday. This decline marks the most significant one-day percentage loss for EOS since January 3.
Market Cap Takes a Hit
This downward spiral in price had a significant impact on EOS’s market capitalization, which dropped to $1.0552B, accounting for a mere 0.04% of the overall cryptocurrency market cap. Notably, EOS had previously reached a market cap peak of $17.5290B.
Trading Range and Volume Analysis
Over the past 24 hours, EOS traded within a range of $0.9159 to $0.9913, indicating a fluctuating market. The volume of EOS exchanged during this period stood at $226.3210M, contributing to 0.15% of the total cryptocurrency volume. In the last week, EOS has experienced a substantial decline of 22.4% and has been oscillating between $0.9159 and $1.2159.
All-Time High Comparison
Despite its current price, EOS lags significantly behind its all-time high of $22.98, established on April 29, 2018, showcasing a staggering decline of 95.98%.
Alternate Cryptocurrency Performances
Bitcoin and Ethereum Shifts
Bitcoin faced a 4.43% decrease, closing at $65,352.6 on the Investing.com Index, while Ethereum witnessed a drop of 6.63%, settling at $3,377.89. Bitcoin’s market cap accounted for $1,284.9793B, representing 52.09% of the total cryptocurrency market cap, while Ethereum held a market cap of $407.7636B, constituting 16.53% of the total market value.
