EOS Declines 10% Amid Bearish Market Conditions

EOS was trading at $0.5413 on Thursday at 16:07 (20:07 GMT), experiencing a decline of 10.16% for the day. This marks the largest single-day percentage drop since July 4.

The decrease has led to a market capitalization of approximately $822.51 million, representing 0.04% of the entire cryptocurrency market cap. At its peak, EOS’s market cap reached around $17.53 billion.

In the last twenty-four hours, EOS traded within a range of $0.5412 to $0.5949. Over the past week, there has been a 5.47% decrease in value. The trading volume of EOS in the twenty-four hours leading up to this report was about $113.60 million, equating to 0.13% of the total volume across all cryptocurrencies. During this week, it has fluctuated between $0.5412 and $0.6198.

Currently, EOS is down 97.64% from its all-time high of $22.98, which was reached on April 29, 2018.

In the broader cryptocurrency market, Bitcoin is currently priced at $64,562.40, down 2.25% for the day. Ethereum is trading at $3,104.24, reflecting a loss of 8.04%.

Bitcoin’s market cap stands at approximately $1.28 trillion, accounting for 55.34% of the total cryptocurrency market cap, while Ethereum’s market cap is around $375 billion, representing 16.24% of the overall cryptocurrency market value.