EOS is one of the top losers with 7.0% down during the recent days after the first spot Bitcoin-ETF was launched on Euronext Amsterdam. The altcoin dipped even lower by 10.5% to $0.65 per coin, but recovered some loses afterwards.

Investors may conceive that new ETF would drain liquidity, or what is left of it, from altcoins. This may be true as crypto winter prompted overall contraction of trading volumes in 2023. It would be logical to see EOS prices testing the support at $0.70 to decide can they continue down to $0.60.