EOS Drops 10% in Market Sell-Off

On Tuesday, EOS was trading at $0.4757, experiencing a significant decline of 10.08% during the day, marking its largest one-day percentage loss since early July. This downturn reduced EOS’s market capitalization to approximately $738.03 million, constituting 0.04% of the total cryptocurrency market cap, a far cry from its peak of $17.53 billion.

In the previous 24 hours, EOS traded within a range of $0.4749 to $0.5241. Over the past week, the value of EOS has decreased by 6.5%. The trading volume of EOS during the last 24 hours was around $92.4 million, representing 0.04% of the total trading volume across all cryptocurrencies. In the past week, EOS fluctuated between $0.4749 and $0.5481.

Currently, EOS is down 97.93% from its all-time high of $22.98, reached on April 29, 2018.

In broader cryptocurrency trading, Bitcoin was recently priced at $61,604.70, reflecting a decrease of 3.29%. Meanwhile, Ethereum was trading at $2,476.23, which is a drop of 4.92%. At this point, Bitcoin’s market capitalization was reported at around $1.23 trillion, accounting for 64.78% of the total cryptocurrency market cap, while Ethereum’s market cap stood at approximately $302.55 billion, making up 15.88% of the overall market value for cryptocurrencies.