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HomeCryptoEOS Records 10% Decline Amid Bearish Trading

EOS Records 10% Decline Amid Bearish Trading

EOS experienced a significant decline in bearish trade, with its value dropping by 10.16% to $1.0553 on the Index by 23:28 (03:28 GMT) on Friday. This marked the largest single-day percentage loss since January 3.

The downward movement caused EOS’s market capitalization to decrease to $1.2223 billion, equivalent to 0.05% of the total cryptocurrency market cap. In contrast, EOS’s market cap had reached as high as $17.5290 billion previously.

Within the previous twenty-four hours, EOS traded within a range of $1.0553 to $1.1549.

Over the course of the past week, EOS has witnessed a 13.12% decrease in value. The volume of EOS traded in the twenty-four hours leading up to the current report stood at $308.8421 million, representing 0.18% of the total volume of all cryptocurrencies. EOS’s trading range over the past seven days has been between $1.0553 and $1.2638.

Despite the current price, EOS remains significantly lower, down 95.41% from its all-time high of $22.98, recorded on April 29, 2018.