Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Filecoin Gains 2% Alongside Crypto Markets Share Share this article Copy linkX (Twitter)LinkedInFacebookEmail Filecoin Gains 2% Alongside Crypto

Filecoin Gains 2% Alongside Crypto Rally

2025/12/04 01:38
4 min read
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail

Filecoin Gains 2% Alongside Crypto Rally

The token tracked broader crypto sentiment on below-average volume, establishing an ascending trend.

By CD Analytics, Will Canny|Edited by Stephen Alpher
Dec 3, 2025, 5:38 p.m.
Filecoin rises 2.2% as crypto markets rally.

What to know:

  • FIL gained 2% to $1.57, staying tightly correlated with broader crypto markets.
  • Trading volume remained muted at 9.7% above weekly averages, signaling limited conviction.

Filecoin climbed 2% to $1.57 over the last 24 hours, posting modest gains that tracked broader cryptocurrency market movements.

The broader market gauge, the CoinDesk 20 index, rose 1.6%.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up

The token's volume stayed subdued at just 9.7% above seven-day averages, according to CoinDesk Research's technical analysis model.

Price action showed Filecoin's persistent correlation with wider crypto markets. The token posted only 1% idiosyncratic movement versus the broader digital asset complex, well below the 5% threshold signaling independent price discovery, the model said.

Technical factors dominated trading with no Filecoin-specific catalysts driving sentiment, according to the model.

The model showed that the token built an ascending trendline through most of the session with higher lows at $1.5249, $1.5537, and $1.5581.

Resistance emerged around the $1.59 level.

Technical Analysis:

  • Primary resistance sits at $1.59 with multiple rejections; immediate support at $1.57
  • Peak trading activity of 8 million occurred during midday volatility; late-session breakdown showed 259,489 volume spike
  • Ascending trendline negated by final-hour reversal; consolidation range of $0.0683 represents 4.4% of trading value
  • Breakdown below $1.556 targets further downside while reclaim of $1.58 needed to restore bullish momentum

Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

AI Market InsightsFilecoinTechnical Analysis

More For You

Protocol Research: GoPlus Security

Commissioned byGoPlus

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report

More For You

Bitcoin Futures Return to Deepest Backwardation Since FTX Collapse

So-called "backwardation" — a futures price curve moving lower in value as time gets further out — can be read as a measure of stress in the market.

What to know:

  • Backwardation signals that futures prices are now below near term levels, reflecting cautious forward pricing and weakened expectations among institutional traders.
  • The structure often emerges during forced de-risking and has historically appeared near major or local bottoms.
Read full story
Latest Crypto News

Fusaka Cementing Ethereum’s Role as On-Chain Finance Settlement Layer: Bitwise

The Protocol: Ethereum Preps For Upcoming Fusaka Upgrade

Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate

Bitcoin Futures Return to Deepest Backwardation Since FTX Collapse

Firelight Introduces XRP Staking for DeFi Insurance Layer Against Exploits

ETHZilla Buys 20% of AI Lending Platform Karus in $10M Deal to Tokenize Auto Loans

Top Stories

Kalshi’s Luana Lopes Lara Becomes Youngest Female Self-Made Billionaire

Crypto Rally Stumbles, Bitcoin Slips Back to $92K, on MicroSoft AI Sales Report

Yi He, Arguably Crypto's Most Powerful Woman, Becomes Binance’s New Co-CEO

Trump's CFTC, FDIC Picks Closer to Taking Over Agencies as They Advance in Senate

IREN Investors Mull Outlook After $3.6B Capital Raise as Jim Cramer Says 'Sell'

Uneasy Stability: Crypto Daybook Americas

Market Opportunity
GAINS Logo
GAINS Price(GAINS)
$0.00733
$0.00733$0.00733
0.00%
USD
GAINS (GAINS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

WSJ demands 'ugly' Trump apologize to the Supreme Court

WSJ demands 'ugly' Trump apologize to the Supreme Court

The conservative learning Wall Street Journal blasted President Donald Trump for “smearing” members of the Supreme Court who overruled his unilateral tariff policy
Share
Alternet2026/02/21 10:31
The Resilient Supply Chain: AI-Driven “Anticipatory Logistics” in 2026

The Resilient Supply Chain: AI-Driven “Anticipatory Logistics” in 2026

The global supply chains of the early 2020s were built for “Efficiency.” But in the volatile landscape of 2026—marked by climate events and geopolitical shifts—
Share
Techbullion2026/02/21 09:57
UK Eyes £20K Limit in New Stablecoin Framework

UK Eyes £20K Limit in New Stablecoin Framework

The post UK Eyes £20K Limit in New Stablecoin Framework appeared on BitcoinEthereumNews.com. The Bank of England is preparing to launch a regulatory framework for stablecoins, which could reshape how digital currencies operate in the UK’s financial system. According to Bloomberg, the plan may include temporary limits on asset storage, setting a £20,000 cap for individuals and £10 million for businesses. Sources familiar with the draft indicate that certain exceptions will apply. Deputy Governor Sarah Breeden said that the UK is advancing in step with the US in developing its stablecoin regime. She emphasized that the limits are temporary, intended to ensure market stability as the regulatory environment matures. Why the UK Is More Cautious Breeden highlighted that the credit structures of the US and UK differ sharply. In the US, a significant portion of mortgages are financed through the securities market, whereas in the UK, they are largely funded by commercial banks.This structural difference, she noted, drives British regulators to take a more cautious stance as they balance innovation with financial security. Bloomberg reported that the Bank of England expects to finalize its framework by late 2025.The new rules are also set to require asset reserves and greater issuer transparency, aligning with international best practices. Stablecoin Regulation Around the World Globally, stablecoin regulation has become a top priority for central banks and financial watchdogs: United States The US Treasury and Federal Reserve are exploring a regulatory model focused on bank-like supervision for major issuers such as Circle and Tether. Several bills in Congress — including the Clarity for Payment Stablecoins Act — propose strict reserve and audit requirements. European Union The EU’s Markets in Crypto-Assets (MiCA) framework, taking effect in 2024–2025, will be the world’s first comprehensive crypto regulation. MiCA mandates 1:1 reserve backing for stablecoins and limits their use if they threaten financial stability — a move seen as setting the…
Share
BitcoinEthereumNews2025/11/07 05:07