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EOS Plunges 10% in Major Selloff, Largest Daily Loss Since 2024

AInvestSaturday, Feb 1, 2025 11:18 pm ET
1min read

EOS, a leading cryptocurrency, experienced a significant selloff on Sunday, with its price falling by approximately 10%. This decline marked the largest one-day percentage loss for EOS since December 18, 2024.

The selloff pushed EOS's market capitalization down to $1.735B, representing 0.05% of the total cryptocurrency market capitalization. At its peak, EOS's market capitalization reached $4.427B.

EOS had been trading within a range of $1.735 to $1.825 in the previous 24 hours. Over the past seven days, EOS has seen a decrease in value, with a loss of 3.57%. The volume of EOS traded in the 24 hours leading up to the time of writing was $12.345M, or 0.01% of the total volume of all cryptocurrencies. It has traded within a range of $1.655 to $2.045 in the past 7 days.

At its current price, EOS is still down 63.17% from its all-time high of $4.666 set on January 4, 2018.

Elsewhere in the cryptocurrency market, Bitcoin was last trading at $100,007.4, down 2.37% on the day. Ethereum was trading at $3,098.54, a loss of 6.26%. Bitcoin's market capitalization was last at $1,992.302B or 58.61% of the total cryptocurrency market capitalization, while Ethereum's market capitalization totaled $375.731B or 11.05% of the total cryptocurrency market value.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.