Filecoin (FIL) experienced a 4.4% decline, falling to approximately $2.31, as it broke through critical support levels at $2.39, $2.37, and $2.36. This drop occurred amid a significant increase in trading volume, reaching 530,000 trades per minute, indicating panic selling and institutional liquidation. The broader CoinDesk 20 index also saw a decline, falling 3.4%.
Filecoin Drops 4.4% as Key Support Levels Break
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