Cryptocurrency Filecoin Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Filecoin's (CRYPTO: FIL) price has decreased by 3.9% over the past 24 hours to $3.23, continuing its downward trend over the past week of -7.0%. The trading volume for the coin has fallen 33.0% over the past week, while the overall circulating supply of the coin has increased 0.11% to 443.17 million. The current market cap ranking for FIL is #34 at $1.43 billion.
August 25, 2023 | 3:00 pm
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Filecoin's price has decreased by 3.9% over the past 24 hours, continuing its downward trend over the past week of -7.0%. The trading volume for the coin has fallen 33.0% over the past week, while the circulating supply has increased 0.11%.
The decrease in Filecoin's price and trading volume, along with the increase in circulating supply, indicates a bearish market sentiment. This could potentially lead to further price drops in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100