Most of the positive momentum forming across different cryptocurrency markets earlier today has completely evaporated. The coming week will be another tough nut to crack for Bitcoin and the thousands of alternative cryptocurrencies. The EOS price is already feeling the pressure, as it is on the verge of dipping below $5.
Given the current cryptocurrency market conditions, it is not all that surprising to see the altcoins suffer from more bearish pressure. The EOS price is already feeling this unwelcome pressure, as its value will seemingly drop below $5 fairly soon. If that happens, it would cap off a week of steep setbacks, and potentially trigger an even bigger panic selling spree in the process.