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

The Decline in Filecoin Continues

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

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