Filecoin lost 2% value, the crypto market is weakening.

The Decline of Filecoin Continues

Filecoin (FIL) lost value by 2% early Wednesday morning. The general weakness observed in the cryptocurrency markets negatively affected the Filecoin price. The trading volume, however, showed an increase of 7% above the weekly average.

The price consolidated in the 0.09 dollar range after testing the 1.35 dollar resistance level. This situation creates an uncertain market environment for investors.