EOS Price Plummets in Cryptocurrency Market

EOS suffered a significant price drop of 10.39% on Saturday, while Bitcoin and Ethereum experienced modest gains.

Jun 9, 2024 - 12:35
Jun 9, 2024 - 15:13
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EOS Price Plummets in Cryptocurrency Market

EOS Price Drops 10.39% in a Single Day

On Saturday, June 8, 2024, EOS experienced a significant drop in price, falling 10.39% to $0.7015 on the Investing.com Index. This marked the largest one-day percentage loss since April 13. The decline reduced EOS's market capitalization to $786.7258 million, representing 0.03% of the total cryptocurrency market cap.

EOS Weekly Performance and Trading Volume

Over the past week, EOS has seen a 13.68% decrease in value. The trading volume of EOS in the 24 hours leading up to the time of writing was $219.7989 million, accounting for 0.26% of the total volume of all cryptocurrencies. Throughout the week, EOS's price fluctuated between $0.6683 and $0.8245.

EOS Price Compared to All-Time High

Despite the recent price movement, EOS remains 96.95% below its all-time high of $22.98, reached on April 29, 2018.

Bitcoin and Ethereum Price Increases

In contrast to EOS's decline, Bitcoin and Ethereum experienced price increases. Bitcoin rose 0.53% to $69,473.9, while Ethereum gained 0.37% to reach $3,692.21. Bitcoin's market capitalization stands at $1,368.5784 billion (53.90% of the total cryptocurrency market cap), and Ethereum's market cap is $442.8644 billion (17.44% of the total market value).

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