At the time of writing, EOS (EOS) price has dropped a sizeable 0.68% to $5.93. This loss has reduced the EOS market capitalization to just over $5.37 billion according to CoinMarketCap.com. Any reasons why EOS behaves like this?
The reason is that the bear market has affect the whole market and the whole total market cap is down so every coin is down by their total cap, even the bitcoin is down, so this is a general caused by bear market condition.