Global Stock News

Why is Bittensor trading up?

Why is Bittensor trading up?

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 billion in the same period, with the largest token, TAO, accounting for nearly $2 billion.

AI crypto market cap | Source: CoinGecko

Retail demand returns as Bittensor gains momentum

Retail interest in Bittensor has steadied this week, with futures Open Interest (OI) expanding to $190…

Source link

Share this article

Scroll to Top