Cryptocurrency Market Update: ‘Ethereum Killer’ EOS Getting Killed

One different purple day in crypto land, EOS getting battered and solely Tezos is gaining

Hopes of a rally have been dashed as a result of the bears wrestle markets downwards for a further day. Entire market capitalization has declined as quickly as as soon as extra and fallen once more beneath $270 billion. Bitcoin couldn’t break resistance at $6,800 and has fallen once more 1.5% on the day to $6,675, amount has elevated fractionally though.

Likewise with Ethereum, it couldn’t push earlier $500 and has dropped once more a heavy 4.eight% to $460 on the time of writing. As anticipated all altoins are throughout the purple with a few plummeting double figures by way of the morning’s shopping for and promoting.

EOS has been fully trounced over the earlier 24 hours shedding 12% to commerce at $7.58. From its all-time extreme of $21.50 merely two and a half months up to now it has misplaced 65%. Over the earlier week EOS has misplaced 17% falling from $9.15 this time last Tuesday. Mainnet, pockets, and…

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