Will Filecoin Price Hold $3 Support Ahead of the Waffle Upgrade?

Filecoin price fell 7% to $3.2 on Monday amid the broader market correction. Over the past 24 hours, the cryptocurrency market has seen total liquidations of approximately $1.23 billion, according to coin glass data. Although supply pressure slightly eased during U.S. market trading hours, the bearish sentiment persisted for most major coins.