Story
EOS Plunges Over 12% in Sharp Sell-Off
EOS experienced a significant sell-off on Monday, plunging over 12% in its largest single-day percentage loss since October 18. The cryptocurrency's price fell to a low of $0.0886, according to data from the Investing.com Index.
Price Action and Volume
The price of EOS was recorded at $0.0886 by 05:02 ET (09:02 GMT), representing a 12.36% decline for the day. The downward move is indicative of strong selling pressure, which has characterized the token's recent performance.
Key trading metrics for EOS in the preceding 24 hours include:
- Trading Range: $0.0886 to $0.0910
- 7-Day Performance: -12.73%
- 24-Hour Volume: Approximately $882,880
AdBroader Market Context
The sharp daily decline extends a period of negative performance for EOS. From a long-term perspective, the token remains significantly below its peak. At its current price, EOS is down 99.61% from its all-time high of $22.98, which was set on April 29, 2018.
The sell-off in EOS contrasted with the broader cryptocurrency market, where major assets saw modest gains at the same time. According to the Investing.com Index, Bitcoin was up 0.74% to trade at $82,747.8, while Ethereum gained 0.33% to reach $2,433.06.
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