EOS Drops 10.62% Amid Selloff

Investing.com – As of 20:04 (00:04 GMT) on Sunday, EOS was trading at $5.0451, reflecting a decline of 10.62% throughout the day. This marked the largest single-day percentage drop since August 8.

This decline caused EOS’s market capitalization to fall to $4.62 billion, representing 2.17% of the total cryptocurrency market cap. At its peak, EOS’s market cap reached $17.53 billion.

In the last 24 hours, EOS has fluctuated between $5.0451 and $5.0800. Over the past week, the asset has experienced minimal movement, increasing just 0.47%. The trading volume for EOS during the previous 24 hours stood at $824.71 million, making up 5.98% of the overall cryptocurrency trading volume. In the last week, its trading range has been between $4.18 and $5.64.

Currently, EOS is down 78.05% from its all-time high of $22.98, achieved on April 29.

In other cryptocurrency market activity, Bitcoin was last priced at $6,375.8, down 3.23% for the day. Meanwhile, another cryptocurrency was trading at $291.94, reflecting a loss of 8.55%.

Bitcoin’s market cap is approximately $110.60 billion, accounting for 51.98% of the total cryptocurrency market cap, while Ethereum’s market capitalization stands at $30.00 billion, representing 14.10% of the overall cryptocurrency market value.