EOS Drops 10% in a Day, Hits New Low as Crypto Market Declines

EOS fell 10.03% to $0.7236 by 22:16 (03:16 GMT) on Sunday, marking its biggest one-day drop since January 19. The decline pushed EOS’s market cap down to $1.13 billion, accounting for just 0.03% of the total cryptocurrency market. At its peak, EOS had a market cap of $17.53 billion.

Over the last 24 hours, EOS traded between $0.7236 and $0.7583. The past week saw EOS decline 8.33%, fluctuating between $0.7052 and $0.8190. Trading volume reached $174.29 million in 24 hours, making up 0.18% of total crypto trading activity. EOS remains down 96.85% from its all-time high of $22.98, recorded on April 29, 2018.

The broader cryptocurrency market also faced losses. Bitcoin traded at $99,834.40, down 2.54% for the day, while Ethereum dropped 6.48% to $3,091.27. Bitcoin's market cap stood at $1.99 trillion, representing 58.61% of the total crypto market, while Ethereum held $375.73 billion, or 11.05%.

With EOS continuing its downward trajectory, traders remain cautious amid broader market volatility. Keep up with real-time updates for key price movements and market trends.