Bitcoin remains stable around $70,000–$71,000 with fading momentum and low volatility, prompting traders to shift capital into higher-risk altcoins. Notably, Bittensor (TAO) surged 140% over six months, driven by interest in decentralized AI, while Memecore (M) also saw rapid gains. This rotation reflects growing risk appetite and early-stage altcoin expansion despite cautious overall market sentiment. The trend suggests Bitcoin's consolidation is fueling selective speculative moves in narrative-driven assets, setting the stage for broader altcoin growth if market confidence improves.
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...
