EOS drops 10% in a selloff
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By 05:46 (09:46 GMT) on Tuesday, EOS was trading at $5.6809, down 10.45 percent for the day. It was the biggest percentage drop in a single day since June 21. EOS’ market capitalization fell to $5.5347 billion, or 0.24 percent of the overall cryptocurrency market capitalization, as a result of the decline. The market worth of EOS reached $17.5290 billion at its peak.
In the past twenty-four hours, EOS had fluctuated between $5.5713 and $6.2535. EOS has increased in value by 16.89 percent over the last seven days. EOS traded for $3.3167 billion in the twenty-four hours leading up to this writing, accounting for 2.09 percent of all cryptocurrency trading. In the last seven days, it has fluctuated between $4.9063 and $6.4142.
EOS is still down 75.28 percent from its all-time high of $22.98 reached on April 29, 2018 at its current pricing. On the Investing.com Index, bitcoin was recently valued at $50,846.2, down 2.14 percent from the previous day. On the Investing.com Index, Ethereum was trading at $3,717.51, a 6.12% loss.
Bitcoin’s market size was $958.4899 billion at the time of writing, accounting for 41.85% of the overall cryptocurrency market cap, while Ethereum’s market cap was $438.3306 billion, accounting for 19.14 percent.