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

The Decline of Filecoin Continues

Filecoin (FIL) saw a 2% decrease early Wednesday morning. The overall weakness observed in the cryptocurrency markets negatively impacted the Filecoin price. Trading volume, however, showed a 7% increase above the weekly average.

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