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EOS Falls 13% In Rout

EOS Falls 13% In Rout

EOS experienced a significant 13% drop in value on Saturday, according to data from Investing.com. The cryptocurrency was trading at $0.0630 by the end of the trading day, a decline of 12.50% from the previous session. This was the steepest one-day percentage loss for EOS since November 13. The drop in price led to EOS's market capitalization falling to $0.0000, or 0.00% of the entire cryptocurrency market.

At its peak, EOS's market cap stood at $17.5290 billion. Prior to this decline, EOS had been fluctuating between $0.0630 and $0.0720 over the past 24 hours. Over the past week, EOS's value has decreased by 19.97%. The trading volume for EOS within the 24-hour period at the time of this report was $186.8661K, which represented 0.00% of the total cryptocurrency trading volume.

Over the past week, EOS has traded within a range of $0.0630 to $0.0887. Currently, EOS is down by an astonishing 99.73% from its all-time high of $22.98, which was recorded on April 29, 2018. Meanwhile, Bitcoin was last seen at $65,267.10, having dropped by 5.25% on the day. Ethereum also had a decline, trading at $1,816.95, a loss of 6.73%.

Bitcoin's market capitalization stood at $1,316.7094 billion, accounting for 59.83% of the total cryptocurrency market value. Ethereum's market cap was $222.8668 billion, making up 10.13% of the total cryptocurrency market value.

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

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