EOS Tumbles 22% In Rout

EOS Tumbles 22% In Rout

Investing.com - EOS was trading at $6.0361 by 00:46 (04:46 GMT) on the Investing.com Index on Thursday, down 22.16% on the day. It was the largest one-day percentage loss since May 19.

The move downwards pushed EOS's market cap down to $5.7343B, or 0.34% of the total cryptocurrency market cap. At its highest, EOS's market cap was $17.5290B.

Our top trading bots

EOS had traded in a range of $5.1312 to $6.1999 in the previous twenty-four hours.

Over the past seven days, EOS has seen a drop in value, as it lost 44.41%. The volume of EOS traded in the twenty-four hours to time of writing was $9.8759B or 2.47% of the total volume of all cryptocurrencies. It has traded in a range of $4.1734 to $11.9200 in the past 7 days.

At its current price, EOS is still down 73.73% from its all-time high of $22.98 set on April 29, 2018.

Elsewhere in cryptocurrency trading

Bitcoin was last at $39,405.5 on the Investing.com Index, down 2.79% on the day.

Ethereum was trading at $2,538.89 on the Investing.com Index, a loss of 13.32%.

Bitcoin's market cap was last at $735.1253B or 44.15% of the total cryptocurrency market cap, while Ethereum's market cap totaled $292.5489B or 17.57% of the total cryptocurrency market value.

Read on relating to Investing.com
'$1T opportunity': JPMorgan becomes first major bank in the Metaverse
The largest bank in the US, JPMorgan, has taken a massive step into the Metaverse, opening a virtual lounge in the popular blockchain-based world Decentraland...
Scan your dog and go walkies in the Metaverse: Virtual NFT pets get popular
New research suggests that during the height of COVID-19, the number of people searching for a furry friend to keep them company hit new highs – not only...
100 digital payment token firms in Singapore fail to win licenses: Report
More than 100 out of 170 “digital payment token services” in Singapore have reportedly failed to obtain licenses from the local financial regulator, the...
Smart crypto policy could keep India's tech dominance on top
There’s no denying that the Indian government shares a contentious relationship with cryptocurrencies, as was made clear recently when the government indicated...
Alameda Research leads $35M fund raise for crypto trading app Stacked
Alameda Research, a cryptocurrency trading firm founded by crypto billionaire Sam Bankman-Fried, has led a $35 million investment in the automated crypto...
Bitcoin tumbles below $47K wiping out October gains — Bear market begins?
Bitcoin (BTC) has suddenly fallen below $47,000 on Dec. 4, losing nearly 20% in the past 24 hours. This makes this the biggest one-day drop since May 15,...
Old FUD, new BTC price dip — Weeks-old China crypto ‘ban’ sparks Bitcoin price drop to $42K
Bitcoin (BTC) suddenly lost $2,000 in an hour on Sept. 24 as what appeared to be old news over a Chinese regulatory ban hit social media.BTC/USD 1-hour...
OpenSea trading volume explodes 76,240% YTD amid NFT boom
Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming...
Poly Network hacker appears ready to return stolen funds
Following a massive $600-million exploit of cross-chain protocol Poly Network, the Poly Network hacker has claimed his willingness to return the stolen...
October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move
The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped...
Countries representing over 90% of global GDP are exploring CBDCs
The quest to understand the opportunities and challenges of a central bank digital currency, or CBDC, is underway in 81 countries, with five nations fully...
New Zealand's Reserve Bank consulting public on a potential CBDC
The Reserve Bank of New Zealand says a central bank digital currency might be a “solution” to the ongoing reduction in the use of cash and that it will...
Ethereum bulls hedge their bets ahead of next week's $250M ETH options expiry
Ether (ETH) paved the way for lower transaction costs with the Berlin upgrade on April 15. However, traders already know that the Ethereum Improvement Proposal...
Facebook May Issue a Stablecoin to Send Money on WhatsApp — Bloomberg
Has the world just stopped discussing Facebook hiring five blockchain specialists as another news has arrived. Relying on anonymous sources, Bloomberg has...
After Predicting BTC Surge to $250,000 Tim Draper Says It Will Beat The Internet
Some days ago billionaire Tim Draper claimed that the “king of all cryptos” would reach the rate of $250,000 in a couple of years, and he does not seem...