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TAO extends gains as AI crypto sector recovers

TAO extends gains as AI crypto sector recovers

  • Bittensor gains momentum above $210, with the 50-day EMA providing immediate support.
  • The AI crypto segment’s market capitalization holds above $14 billion, signaling steady investor interest.
  • Retail demand returns, with futures Open Interest rising to $190 million on Thursday.

Bittensor (TAO) is trading above $210 at the time of writing on Thursday, reflecting the steadiness of the broader cryptocurrency market amid the United States (US)-Iran war.

The majority of tokens in the Artificial Intelligence (AI) crypto segment are also holding steady, while some, such as UnifAI Network (UAI) and Templar (SN3), have recorded double-digit gains over the past 24 hours.

The total sector’s market capitalisation has increased slightly to $14.4…

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