EOS is down 8.5% this week to $0.5900, recovering from a sharp drop to $0.4840 on Monday, its lowest level since November 10, 2024. Like the broader crypto market, EOS suffered from market turmoil triggered by Donald Trump’s tariff policies, with a steep 38% decline at one point.
Adding to the pressure, China retaliated with tariffs on U.S. imports, further straining investor sentiment. A Trump-Xi meeting this week could help de-escalate tensions, potentially allowing EOS to rebound toward $0.7000. However, if trade conflicts persist, EOS could slide back to $0.5000, with the risk of testing its all-time low at $0.3989.