Business
CoinDesk 20 Performance Update: Filecoin (FIL) Gains 7.3% as All Constituents Rise
A breakout above $550 followed a 1 a.m. UTC volume spike, then price cooled into a $553 to $556 band as traders watched whether $553.50 would hold.
The stablecoin issuer saw strong growth in the third quarter, reporting a $17 billion increase in circulating USDT and $135 billion exposure to U.S. Treasuries.
FIL has support at the $1.48 level and resistance at $1.52.
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