EOS Experiences 10% Drop During Selloff

EOS was trading at $0.5038 as of 19:37 (23:37 GMT) on Thursday, reflecting a decline of 10.10% for the day. This marked its largest one-day percentage drop since April 13.

The decrease in value lowered EOS’s market capitalization to approximately $765.90 million, accounting for 0.04% of the total cryptocurrency market cap. At its peak, EOS’s market cap reached $17.53 billion.

In the prior twenty-four hours, EOS experienced trading between $0.5038 and $0.5644. Over the past week, the cryptocurrency’s value has decreased by 13.1%. The trading volume for EOS in the last twenty-four hours was around $120.90 million, representing 0.13% of the overall cryptocurrency trading volume. During the past week, it fluctuated between $0.5038 and $0.5985.

Currently, EOS is down 97.81% from its all-time high of $22.98, which was achieved on April 29, 2018.

In broader cryptocurrency trading, Bitcoin was last seen at $57,662.80, down 4.21% for the day. Meanwhile, Ethereum traded at $3,094.77, reflecting a loss of 6.28%. Bitcoin’s market capitalization stood at about $1.14 trillion, making up 53.82% of the total market, while Ethereum’s market cap was approximately $373.75 billion, or 17.62% of the total cryptocurrency value.