crypto exchangeEOS Surges Over 10% in Biggest Daily Gain Since Early May

EOS Surges Over 10% in Biggest Daily Gain Since Early May

EOS surged 10.72% on Monday, reaching $0.7984 by 22:20 ET (02:20 GMT), marking its largest single-day percentage increase since May 7. This upward move boosted EOS’s market capitalization to $1.225 billion, representing 0.04% of the overall cryptocurrency market cap. However, this remains far below its peak market cap of $17.53 billion.

Over the past 24 hours, EOS traded within a range of $0.7561 to $0.7984, while over the past week, its price remained largely stagnant, rising just 0.62%. Trading volume in the last day reached $103.38 million, accounting for 0.10% of total crypto market volume. The seven-day price range spanned $0.7137 to $0.8217.

Despite Monday’s gains, EOS’s current price remains 96.53% below its all-time high of $22.98, set on April 29, 2018.

In broader cryptocurrency markets, Bitcoin climbed 1.55% to $109,598.30, with a market cap of $2.18 trillion, capturing 63.38% of total crypto market value. Ethereum also advanced 2.05%, trading at $2,559.71 and holding a market cap of $309 billion, or 8.98% of the market.

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Andrew
Andrew
Self-taught investor with over 5 years of financial trading experience Author of numerous articles for hedge funds with over $5 billion in cumulative AUM and Worked with several global financial institutions. After finding success using his financial acumen to build an investment portfolio, Andrew began writing and editing articles about the cryptocurrency space for sites such as chaincryptocoins.com, ensuring readers were kept up to date on hot topics such as Bitcoin and The latest news on digital currencies and Ethereum.

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