EOS Plunges 10.14% in Largest Daily Loss Since March

EOS, a prominent cryptocurrency, experienced a significant decline on Monday, with its price dropping by 10.14% to $0.5645 by 14:17 (19:17 GMT). This marked the largest one-day percentage loss for EOS since March 3. The decrease in price pushed EOS's market capitalization down to $889.9062 million, representing 0.05% of the total cryptocurrency market capitalization. At its peak, EOS's market capitalization reached $17.5290 billion.

EOS had been trading within a range of $0.5645 to $0.6461 in the previous 24 hours. Over the past seven days, EOS has seen a decrease in value, with a loss of 3.87%. The volume of EOS traded in the 24 hours leading up to the time of writing was $145.4185 million, representing 0.06% of the total volume of all cryptocurrencies. EOS had been trading within a range of $0.5116 to $0.6461 over the past seven days.

At its current price, EOS is still down 97.54% from its all-time high of $22.98, which was set on April 29, 2018. The decline in EOS's price comes amidst a broader downturn in the cryptocurrency market, with Bitcoin and Ethereum also experiencing significant losses. Bitcoin was last trading at $86,833.0, down 7.17%, while Ethereum was trading at $2,167.92, down 12.86%.

Bitcoin's market capitalization was last at $1,726.5274 billion, representing 90.64% of the total cryptocurrency market capitalization. Ethereum's market capitalization totaled $264.6634 billion, representing 13.89% of the total cryptocurrency market value.