EOS down more than 10% after flash crashes; Bitcoin money [BCH] continue on the downward spiral

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The market was inaugurated today, December 4, with many of the major cryptocurrencies that have succumbed to the pressure of the bear. Bitcoin [BTC], Bitcoin Cash [BCH] and EOS, who were all enjoying a bullish slide last week, were the biggest losers in the top ten cryptocurrency club.

A cryptocurrency that is undergoing a huge slide was EOS, since the sixth largest cryptocurrency fell 15.18% at the time of writing. EOS was trading for $ 2.41, with a total market cap of $ 2.191 billion. The market volume of 795.458 million dollars of cryptocurrency has been significantly split between the DOBI and OKEx trade.

24-hour chart of EOS | Source: CoinMarketCap

24-hour chart of EOS | Source: CoinMarketCap

The DOBI trade held an important share of the EOS trade, with the exchange of cryptocurrency that managed $ 115.89 million of the entire volume. The DOBI business was closely followed by OKEx, which handled $ 87.967 million of all EOS exchanges.

EOS also made recent announcements when EOSBet, a popular decentralized gaming application, has acquired accreditation from one of the oldest online gambling regulators in the world. The director of EOSBet Frej stated:

"We have worked tirelessly to make this license valid and we will continue to strive to be the standard for smart casinos."

At the time of writing, Bitcoin Cash [BCH] it was falling at the 5.04% rate with a total market cap of $ 2.747 billion. The cryptocurrency was trading for $ 157.03 with a 24-hour market volume of $ 75.578 million. Most of the cryptocurrency market volume was held by Upbit, with a coverage of $ 8.52 million of total trade in BCH.

The upbit was closely followed by Huobi, on which there were $ 7.115 million of BCH exchanges.

Chart in 24 hours of Bitcoin Cash | Source: CoinMarketCap

Chart in 24 hours of Bitcoin Cash | Source: CoinMarketCap

The fall of Bitcoin Cash began with the tough crossroads that took place on November 15, dividing the original Bitcoin Cash into two tokens: Bitcoin ABC, which is considered Bitcoin Cash at the moment, and Bitcoin SV.


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