- Bittensor tests breakout strength, rising by more than 2% intraday.
- The AI segments market cap falls to $14.2 billion, undermining Near Protocol and other tokens.
- TAO edges toward a breakout of a falling wedge pattern, suggesting a 53% price increase.
The artificial intelligence (AI) cryptocurrency segment is witnessing heightened volatility, with top tokens such as Near Protocol (NEAR) struggling to gain traction amid the persistent decline in January and February. The overall AI crypto market capitalization has contracted to $14.2 billion amid sticky risk-off sentiment.
However, Bittensor’s bullish momentum stands out, as it approaches a key technical breakout level and defies the AI sector’s downtrend.
