Bittensor (TAO) rose 9% in 24 hours, extending its weekly gain to 28%, recovering from a key support near $180.9. The rally was driven by strong buying momentum and increased volume, helped by Anthropic's regulatory move limiting access to centralized AI, which boosted interest in decentralized AI projects like TAO. TAO reclaimed important resistance levels and now faces a critical test near $300, with support around $244.7-$255 crucial to maintaining the upward trend. A failure to hold support could lead to a deeper pullback toward $210-$220.
Crypto markets faced pressure this week with Bitcoin stabilizing after a selloff and ETF outflows continuing. Despite this, AI and tech-related tokens like Audiera (BEAT) surged over 100%, driven by strong buying interest, while others like Bittensor...
Bittensor (TAO) surged 15.8% to $247.70 with an 87.3% increase in daily trading volume, signaling renewed market interest after weeks of weakness. The token broke above its descending channel, ending a downtrend that started in May, and moved toward ...
TAO price surged more than 24% on June 13, closing at $264 after opening near $212, breaking a seven-month downtrend from around $500 to the low $200s. Technical indicators like RSI and MACD signaled a reversal before the breakout, while volume confi...
