Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

EOS Falls 11% In Rout

EOS Falls 11% In Rout

On Sunday, EOS experienced a significant downturn, plummeting by 11.32% in a single day, according to the Investing.com Index. This marked the largest one-day percentage loss since February 5. As a result, EOS's market capitalization plummeted to $0.0000, representing a mere 0.00% of the entire cryptocurrency market. At its peak, EOS's market cap had reached $17.5290 billion.

Throughout the previous 24 hours, EOS had fluctuated between $0.1011 and $0.1100. Over the past week, EOS had witnessed a decline in value, shedding 2.5% of its worth. During the most recent 24-hour trading period, the volume amounted to $1.1099 million, contributing 0.00% to the overall cryptocurrency trading volume. EOS has been on a downward trajectory, losing 99.56% of its value since its all-time high of $22.98, which was achieved on April 29, 2018.

As of the latest data, Bitcoin was trading at $81,768.40, up 0.21% on the day, while Ethereum was seen at $2,414.40, experiencing a 0.94% decline. Bitcoin's market capitalization was valued at $1,641.1421 billion, accounting for 60.15% of the total cryptocurrency market, whereas Ethereum's market cap stood at $294.1709 billion, constituting 10.78% of the overall cryptocurrency valuation.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at investing.com →

More in Finance & Markets

The SEC should protect investors, not private funds

There are reasons these investments have been off-limits to ordinary investors, and those issues still exist

  • SEC proposes rule change to allow private funds to attract retail investors.
  • Private funds require significant time commitment and high performance fees.
  • Lack of oversight and conflicts of interest could expose retail investors to risks.

Look Who's Using D2C Satellite Phones Now!

Want to watch SpaceX's Starlink DTC business grow right before your eyes? Now there's a way.

  • SpaceX launched first DTC satellite in 2024
  • AST SpaceMobile has 13 DTC satellites in orbit
  • DTC connections concentrated in North & South America

More from Sunday 18 October →