EOS experiences 10% decline in market selloff”
On Friday, EOS experienced a sharp selloff, falling 10.08% to trade at $1.0440 on the Index by 01:45 (06:45 GMT), marking its largest one-day percentage loss since November 9, 2022. The drop led to EOS’s market cap falling to $1.1314B, accounting for 0.12% of the total cryptocurrency market cap.
The cryptocurrency traded in a range of $1.0309 to $1.0575 in the previous twenty-four hours. In the past seven days, EOS’s value has dropped 11.98%, with a trading volume of $253.5213M or 0.38% of the total volume of all cryptocurrencies.
EOS is currently down 95.46% from its all-time high of $22.98 set on April 29, 2018. At the same time, Bitcoin was down 8.33% to trade at $19,929.9 on the Investing.com Index, while Ethereum lost 8.40% to trade at $1,411.48 on the same index.
Bitcoin’s market cap totaled $385.4603B or 41.38% of the total cryptocurrency market cap, while Ethereum’s market cap amounted to $173.3314B or 18.61% of the total cryptocurrency market value.