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Filecoin Crashes 6% Amid Heavy Sell-Off—Is This a Buying Opportunity or Crypto Carnage?

Filecoin Crashes 6% Amid Heavy Sell-Off—Is This a Buying Opportunity or Crypto Carnage?

Author:
CoindeskEN
Published:
2025-07-15 10:30:37
9
1

Filecoin Plunges 6% as Selling Pressure Increases, Crypto Market Retracts

Filecoin joins the crypto bloodbath as bearish momentum triggers a sharp 6% nosedive. The decentralized storage token buckles under relentless selling pressure—dragging the broader market into the red.

Whale movements or miner dump? While the exact catalyst remains unclear, the drop mirrors a sector-wide retreat. Traders scramble as volatility spikes, turning yesterday’s bullish bets into today’s margin calls.

Silver lining for degens? History shows FIL’s resilience after steep corrections. But with Wall Street ‘experts’ still calling crypto a bubble between golf sessions, the weak hands might fold first.

|Square

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