EOS, the ninth-largest cryptocurrency by market capitalization, yields negative year-to-date returns for the first time since March 2020. The delegated proof-of-stake asset is trading 3.61 percent lower for the year despite a 26.47 percent overall growth in the top 10 cryptocurrencies. The reasons for EOS’s price declines include a broader bearish correction sentiment in the crypto market, as well as a lawsuit against its issuer. EOS cryptocurrency is now returning negative yields for the year […]
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