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EOS experienced a significant decline in value, trading at $0.9103 as of 00:55 (05:55 GMT) on Saturday, marking a drop of 10.01% for the day. This represents its most substantial single-day loss since early January.
The recent downturn has led to a reduction in EOS’s market capitalization, bringing it down to $1.4199 billion, which constitutes 0.07% of the total cryptocurrency market. At its peak, EOS’s market cap reached as high as $17.529 billion.
In the preceding twenty-four hours, EOS fluctuated between a low of $0.9103 and a high of $0.9910.
Despite the decline on Saturday, EOS has experienced a 16.31% increase over the past week. In the last twenty-four hours leading up to this report, trading volume reached $295.886 million, accounting for 0.12% of the total trading volume across all cryptocurrencies. Throughout the week, EOS’s trading range has been between $0.7169 and $1.0334.
Currently, EOS’s price is still 96.04% lower than its all-time high of $22.98, which was achieved on April 29, 2018.
Current Trends in Cryptocurrency Markets
In other developments within the cryptocurrency sphere, Bitcoin was priced at $103,440.9 on the Investing.com Index, reflecting an increase of 2.05% for the day.
Meanwhile, Ethereum’s trading value stood at $3,303.63, posting a decrease of 1.93%.
Bitcoin’s market capitalization was reported at approximately $2.049 trillion, making up 107.62% of the entire cryptocurrency market value. Ethereum’s market cap was around $400.261 billion, representing 21.01% of the total cryptocurrency market capitalization.
Source
www.investing.com