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Amid the ongoing crypto bullish outlook, triggered by the Gold rally and the recent Fed's rate cut, Bittensor (TAO), a fast-growing blockchain firm focused on developing decentralized artificial intelligence (AI), has registered palpable gains.
Crypto Prices Today, September 23: The broader market illustrated a bag of mixed price actions today, garnering investor speculations globally. While Bitcoin (BTC) price held firm at the $64K mark, Ethereum (ETH), Solana (SOL), and XRP prices demonstrated mixed trajectories.
Bittensor, a unique project in the cryptocurrency space, is generating excitement among investors, particularly with its native token, TAO. Currently priced around $422.05, TAO is designed to facilitate a decentralized marketplace for artificial intelligence (AI) applications within the blockchain framework.
Here is how some of your favorite assets concluded the week.
Bitcoin's rally to $64,000 increased traders' interest in altcoins like AVAX, SUI, TAO and AAVE.
Discover the top 3 cryptocurrencies set to dominate the market in Q4 2024. Learn why FET, Bittensor (TAO), and Solana (SOL) are primed for growth, with insights on resistance levels and bullish potential.
The global crypto market built on the recovery push from two weeks back, recouping an additional $100 billion to close the week at $2.2 trillion. Bitcoin (BTC) led the charge, as it briefly reclaimed the $64,000 territory.
Recently, Garry Silbert, the founder and chief executive of DCG, took to Twitter with an early-day reflection on Bitcoin. He referred to his “pain points” of acquiring Bitcoins back in the day and contrasted that to the “pain points” he is experiencing trying to get his hands on TAO at this point in time, reportedly
AI altcoins are dancing in the rain! FET jumps by 71%, TAO is trying to keep up with its 28%.
The recent announcement by the Federal Reserve to cut interest rates by 50 basis points has sent shockwaves through the market, especially among altcoins. The Fed rate cut has resulted in a significant surge in Bitcoin (BTC) and altcoin prices, with notable performances from Sui (SUI), Celestia (TIA), Fantom (FTM), Bittensor (TAO), and Sei (SEI).
Decentralized blockchain network Bittensor and its native token, TAO, have shown significant upward momentum over the past month, consistently outperforming major cryptocurrencies such as Bitcoin and Ethereum across all time frames. Designed for decentralized finance (DeFi) applications, TAO has surged past the $400 mark, achieving nearly 45% gains in the last month alone and an impressive 695% increase year-to-date.
With the price of Bitcoin reclaiming the $64k mark during the early Asian trading hours, the Artificial Intelligence (AI) category has recorded a strong bullish recovery with top tokens outperforming the market leaders. Moreover, Turbo price from the AI category has recorded a double-digit surge with a trading volume of over $200M.
The global crypto market registered another increase of 3.06%, pushing it to $2.21 trillion. Bitcoin (BTC) is up over 3%, while Ethereum (ETH) continues its stellar recovery, and is up almost 6% over the past 24 hours, having surged past $2,500.
The crypto prices today have continued generating market optimism, primarily with major coins maintaining an upward movement. Bitcoin (BTC) price crossed $64K, whereas Ethereum (ETH) and Solana (SOL) followed, trading in the green.
The AI sector outperformed all other coins over the last month, with FET poised for a surge.
As of September 19, 2024, TAO has distinguished itself as a leading AI coin within the expanding web3 and blockchain landscape. The recent price surge has been attributed to several factors, including broader market trends and positive earnings reports from major tech companies like Nvidia (NVDA), which have further fueled investor interest in AI-related assets.
Bittensor (TAO) is currently capturing the attention of traders as it forms a symmetrical triangle pattern, signaling a crucial moment for the cryptocurrency. With the broader market on the rise, speculations abound regarding whether a breakout above the pivotal resistance level of $340 could initiate a significant rally, potentially driving Bittensor beyond the $400 mark.
Bittensor gaining traction after over 12% returns, showing potential for higher prices soon.
Bittensor ($TAO) and several other leading AI coins are pumping today, despite a marketwide downturn that has shaven 0.4% from the now-$2.16 trillion crypto market.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
Cryptocurrency prices were mixed as traders focused on the upcoming Federal Reserve meeting, with the crypto fear and greed index remaining in the fear zone.
BTC has struggled with adverse market conditions and a challenging environment, failing to regain momentum and trading largely between $53,000 and $60,000 for several weeks. BTC's failure to hold on to $60,000 indicates demand is drying up at higher levels, with investor hesitation peaking.
Bittensor (TAO) is on the verge of a significant price surge, with technical indicators pointing toward a potential 80% rally. The cryptocurrency has struggled to break through a crucial resistance level, but an ascending triangle pattern suggests that a breakout may be on the horizon.
Bittensor (TAO) price has struggled to breach the $357 resistance level. Despite these failed attempts, the conditions for forming an ascending triangle pattern are becoming more apparent.
