In the cryptocurrency world, there is never such a thing as stable ground it seems. Although most markets seemed ready to move up again yesterday night, things have turned out very bearish. The EOS price is a good example of this souring trend, as it is quickly losing ground across the board.
EOS Price Dips Hard in Quick Succession
It is never a good sign to see the top crypto markets open in the red on a Monday morning. While this may not be an indicator of what is yet to come later this week, everyone can see the bear market is far from over at this point. Despite some promising signs in February, it seems March will bring a lot more pressure for no apparent reason. This does not bode well for Bitcoin, nor for any of the alternative markets.
As far as the EOS price is concerned, it seems the pressure is mounting quickly. With a net 6.5% drop in USD value already locked in, today could get very ugly for the top markets. This discrepancy pushes the EOS value down to $3.32, which might not be the bottom by any means. There…