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

Filecoin's Decline Continues

Filecoin (FIL) experienced a 2% decrease in value early Wednesday morning. The overall weakness observed in the cryptocurrency markets has negatively impacted the Filecoin price. Meanwhile, the trading volume showed an increase of 7% above the weekly average.

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