Bittensor reclaims $240 amid AI crypto surge
Bittensor (TAO) is staging a notable recovery above the $240 support level on Wednesday, reflecting renewed optimism across the Artificial Intelligence (AI) token sector as traders navigate the market ahead of the Federal Reserve’s (Fed) decision on monetary policy.
Bittensor rebounds alongside crypto AI tokens
Bittensor’s recovery comes amid a broader resurgence in AI-focused cryptocurrencies, which have expanded the sector’s total market capitalization above $26 billion.
Retail interest and positive sentiment are converging, making crypto AI tokens attractive. BankrCoin (BNKR) and Pippin (PIPPIN) have outpaced other tokens, surging by over 87% to $0.005 and 57% to $0.49, respectively, according to CoinGecko. Kite (KITE) ticked up…
