Bittensor (TAO) experienced a sharp price increase of 80% over the past month, outperforming Bitcoin and other major cryptocurrencies. The surge was sparked by a viral tweet from investor Jason Calacanis and supported by positive market sentiment, including Bitcoin trading above $71,000 and Ethereum rallying over $2,100. Institutional interest is growing, with a Nasdaq Stockholm-listed exchange-traded product and Grayscale's Bittensor Trust trading at a premium. Technical indicators suggest bullish momentum could push TAO towards $350, though some correction to $280 is possible if current levels fail to hold.
Bittensor (TAO) dropped below the $200 support level, hitting a monthly low of $193 due to increased futures outflows and declining open interest, indicating reduced exposure by derivatives traders. Despite the bearish momentum, spot market data show...
NEAR Protocol's price rose above $2, supported by renewed interest in AI-related cryptocurrencies and an 83% surge in trading volume. The token is breaking out of a falling wedge pattern, with a confirmed breakout above $2.03 potentially driving pric...
