Filecoin declines as crypto markets retreat

Filecoin experiences a significant decline in value as the broader cryptocurrency markets retreat, with various digital assets facing downward pressure due to a combination of factors such as market sentiment, regulatory concerns, and profit-taking among investors. This downturn reflects the overall volatility and unpredictability that often characterizes the cryptocurrency landscape, impacting investor confidence and leading to a sell-off across numerous coins and tokens. source: https://www.coindesk.com/markets/2026/01/07/filecoin-declines-as-crypto-markets-retreat