FIL drops to $1.15, down 7.23% on above-average volume
- —FIL trades at $1.15 versus a $1.24 open, with a daily low of $1.12
- —Volume reached $230.86 million, 15.01% above the 30-day average
- —RSI at 56.8 and positive MACD with annualized volatility at 121.3%
- —FIL is up 18.58% over 30 days and 46.85% over 90 days
Why it matters: An expected 75% cut in FIL emissions could tighten supply, but storage demand and actual network usage remain the key drivers.
Source: DiarioBitcoin