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EOS Tumbles Over 10% Amid Broader Crypto Market Sell-Off
The price of EOS fell sharply on Friday, plunging 10.06% to trade at approximately $0.0715 as of 05:01 (21:01 GMT), according to the Investing.com Index. The move represents the cryptocurrency's most significant single-day percentage loss since September 4, 2026.
Sharp Price Decline
The sell-off pushed EOS to the bottom of its 24-hour trading range, which spanned from $0.0715 to $0.0795. This latest price places the digital asset 99.69% below its all-time high of $22.98, which was recorded on April 29, 2018.
The decline significantly impacted the asset's market capitalization. For context, the market cap for EOS previously reached a peak of $17.5290 billion.
Recent Performance and Volume
Over the past seven days, EOS has traded within a range of $0.0713 to $0.0865. Its price saw a modest change of 1.76% during that period before Friday's sharp downturn.
AdTrading volume for EOS in the 24 hours leading up to the price drop was recorded at 26,787.4K, as reported by Investing.com. This figure represents a small fraction of the total cryptocurrency market's trading activity.
Broader Crypto Market Weakness
The drop in EOS occurred amid a wider negative trend across the cryptocurrency market. Other major digital assets also posted losses during the same trading session.
- Bitcoin (BTC) was trading at $79,714.0, down 2.31% on the day.
- Ethereum (ETH) was priced at $2,452.10, a decline of 2.35%.
According to the data, Bitcoin's market capitalization stood at approximately $1.6 trillion, accounting for 59.71% of the total crypto market cap. Ethereum's market cap was near $299.17 billion, representing an 11.16% share.
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