Vaulta (A) continues downward spiral under market pressure
The post Vaulta (A) continues downward spiral under market pressure appeared on BitcoinEthereumNews.com.
Vaulta price slipped nearly 3% to extend its losses over the week. The token’s price movement aligns with a broader altcoin sentiment Despite the downturn, Vaulta could bounce higher amid multiple key catalysts. Vaulta (A), the native token of the rebranded EOS network now focused on web3 banking solutions, has seen its price slip in recent trading sessions. As of writing, June 9, 2025, Vaulta’s price stands at approximately $0.56 reflecting a 2.8% decline in the past 24 hours. Over the past week and month, the token has faced even steeper losses, dropping by 10% and 26% respectively since dipping from highs of $0.77 on May 28, 2024. This downward movement comes amid broader market dynamics and specific factors impacting Vaulta. Why is Vaulta price down today? Although the broader market continues to feel the bearish heat of risk assets sell-off, a number of factors are likely why Vaulta’s price is down today. First, profit-taking appears to be a significant driver. EOS rebranding to Vaulta and subsequent token swap provided investors with an opportunity to cash in gains. This selling pressure, as is often the case with uptrends, comes after Vaulta garnered attention for its web3 banking ambitions. The rebrand, announced in March and completed by late May, initially sparked optimism, but the subsequent profit-taking has dampened momentum. Additionally, Vaulta’s price movement aligns with a broader cool-off among top altcoins. The crypto market has faced volatility recently, with Bitcoin dipping to $100,984 and triggering over $1 billion in liquidations. BTC’s bearish sentiment has spilled over to altcoins, with many experiencing sharper declines than Bitcoin. Vaulta, ranked #77 on CoinMarketCap with a market cap of $889 million, is no exception. The 24-hour trading volume of $39 million reflects a 45% drop. Technical indicators, such as the Relative Strength Index (RSI) trending…
