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Filecoin (FIL), one of the top decentralized infrastructure projects, finds itself at a pivotal crossroads. Trading at a key support level of $3.38, the asset's short-term future is hanging in the balance.
Filecoin could soar by 20% to reach $4.05 if it defends the $3.38 support.
Bitcoin (BTC) remained sluggish over the weekend, hovering between $96,000 and $97,000. However, it dipped below $95,000 early on Monday, falling to a low of $94,855 before rebounding and moving to its current level of $97,450.
The crypto market rebounded after Donald Trump agreed to delay tariffs on Canada and Mexico following a conversation with both presidents. As a result, Bitcoin (BTC) rebounded to reclaim the $100,000 level, with the flagship cryptocurrency trading at $100,360, up nearly 7% over the past 24 hours.
Filecoin (FIL) is a decentralized storage network designed to offer a more efficient and secure alternative to traditional cloud services. Built by Protocol Labs, it uses blockchain technology to create a peer-to-peer marketplace where users can rent out unused hard drive space in exchange for Filecoin tokens.
Filecoin (FIL), Arbitrum (ARB) and Cosmos (ATOM) are among the biggest losers in the crypto market in the past 24 hours as traders see over $2.3 billion liquidated. The global crypto market cap fell 8% to $3.1 trillion, with daily trading volume on Monday, February 3, up 193% to over $333 billion.
Filecoin price has collapsed, erasing all the gains made in 2024, and making it one of the worst-performing tokens in crypto. The FIL token plunged to a low of $2.6155 on Monday, its lowest level since 2022. It has plunged by over 74% from its highest level in 2024.
The cryptocurrency market has recovered from Monday's bloodbath, with Bitcoin (BTC) reclaiming the $100,000 level. The flagship cryptocurrency is up nearly 3% over the past 24 hours and currently trades around $103,339.
The cryptocurrency market has pared broader gains after a bullish recovery seen on Wednesday faded with Bitcoin (BTC) leading top coins lower. As Ethereum (ETH), XRP (XRP) and Solana (SOL) shed gains by more than 5% each, Arbitrum (ARB) and Filecoin (FIL) also flipped red.
The crypto market has registered a substantial decline, with nearly all cryptocurrencies trading in the red. Bitcoin (BTC) is down almost 4% over the past 24 hours and has dipped below $105,000 to trade around $102,550.
FIL's breakout revealed potential, but stronger market support is needed for sustained momentum.
Filecoin (FIL), la rete di archiviazione decentralizzata, sta guadagnando sempre più slancio, attirando l'attenzione di trader e investitori. L'aumento dell'adozione e una configurazione tecnica rialzista stanno alimentando un crescente ottimismo riguardo al suo futuro.
Filecoin (FIL) Foundation outlines its 2025 vision, highlighting the FIL Dev Summit in Toronto, the launch of Portrait, and new members in the Decentralized Storage Alliance.
Filecoin (FIL), the decentralized storage network, is gaining momentum as traders and investors turn their attention to its growing adoption and bullish technical setup.
Chainlink (LINK) joined Aptos (APT) and Filecoin (FIL) as a top performer, gaining 6.7% from Monday.
Explore insights from FDS Bangkok 2024, where developers tackled Filecoin (FIL)'s challenges and innovations. Key topics included market fit, storage advancements, and ecosystem growth.
Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.
Bitcoin (BTC) continued to drop for a second day as it slipped below $95,000 on Wednesday, falling to a low of $92,911 before recovering and moving to its current level of $94,442. The flagship currency is down almost 3% over the past 24 hours, as the crypto market lost $320 billion.
Filecoin could record further gains as market conditions turn increasingly favorable.
Filecoin (FIL), the decentralized storage network, is riding a wave of bullish momentum, drawing significant market attention as traders and investors capitalize on its growing adoption.
Filecoin (FIL), the decentralized storage network's native token has experienced a notable surge following its listing on Bithumb, South Korea's leading cryptocurrency exchange. The listing has sparked a bullish momentum that could potentially push FIL towards the $10 mark, with various indicators and market dynamics supporting the upward trajectory.
Filecoin (FIL) turns out to be one of the biggest gainers among the top cryptos amid easing off selling pressure after a week of turbulence.
Filecoin jumps 12% after its Bithumb listing, with futures volume up 200%. Will the momentum push FIL to $7, or is a pullback on the horizon?
Filecoin price has surged 12%, reflecting growing market enthusiasm following a major listing announcement by South Korea's top exchange, Bithumb. The sudden spike highlights increasing demand for the asset amid heightened investor interest.
