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Since last weekend, crypto buyers have returned enthusiastically, delivering the Q4 momentum many had anticipated. With Bitcoin's October performance flipping to the green, the altcoin market is gathering sufficient strength to spark a high-momentum rally.
With the Bitcoin price reaching above $68,000 momentarily, the anticipation of a new altcoin high by the end of the year is increasing. Amid the increasing chances of a bull run following the altcoin rally, the AI tokens quickly grow.
TAO has declined by 6.80% over the past day. However, whales continue to dominate the market taking 77% of long positions.
Bittensor (TAO) price has dropped by 6% in the last 24 hours, reversing the earlier trend where it closed in on $700 just days ago. This decline has ensured that TAO's price is now below the $600 threshold.
The crypto markets are facing a mid-week bearish heat after a bullish start, which may hinder the progress of the rally for a while. The AI tokens, which gained immense attention in a short while are consolidating, which may be a bullish signal.
Bitcoin surged to a seven-day high of $64,300, gaining 2.5% following China's announcement of economic stimulus measures. This positive sentiment came after Bitcoin briefly dipped below $60,000 last week due to market volatility and concerns over rising US CPI data. Despite these challenges, Bitcoin has bounced back strongly.
Bitcoin (BTC) has continued its impressive performance this week, going past $67,000 after an increase of almost 3% over the past 24 hours and almost 8% over the past week, as the crypto market continues its impressive recovery.
Bittensor, an artificial intelligence-focused token, ranked as the third top gainer among the top 100 cryptocurrencies in the past 30 days, following Neiro and Sui. Bittensor (TAO) rose by 106.8% over the last 30 days.
Bitcoin's range-bound action looks set to continue, but SUI, APT, TAO, and WIF could rally higher over the coming days.
Artificial Intelligence (AI) witnessed a massive adoption in 2024, with its utility rapidly expanding to every sector. The emerging technology found its way into cryptocurrency, offering investors an innovative blend of AI-powered solutions and blockchain's decentralized infrastructure.
Bittensor (TAO) has recently shown impressive price momentum after a period of consolidation. Investors are now questioning whether this altcoin can achieve a significant milestone, specifically reaching a price of $800.
From meme coins to AI crypto tokens, it's possible to find cryptocurrencies that are posting gains of 100% or higher this year.
The crypto market has witnessed mixed price actions over the past few sessions, leading to considerable investor speculation. Bitcoin (BTC) continued to trade below $61,000 and registered a marginal drop over the past 24 hours.
After recording a consolidated price action for a brief period, the Bittensor price has regained momentum by adding numbers to its valuation within weeks.
TAO skyrockets 300%! Can this bullish momentum sustain, or is a correction looming?
Bittensor (TAO) is currently making headlines in the cryptocurrency space, having experienced an impressive 16% surge in the past 24 hours. This notable increase positions TAO among the top gainers in the market, particularly within the rapidly evolving AI cryptocurrency sector.
Michaël van de Poppe, a prominent figure in the cryptocurrency trading community, recently articulated his optimistic outlook for two specific altcoins: Sui Network (SUI) and Bittensor (TAO). With expectations that both could reach new all-time highs, van de Poppe's insights are especially pertinent for investors seeking opportunities in the current market landscape.
Nvidias stock has hit a six-week high, triggering sharp rallies in AI tokens NEAR, TAO, and FET. Analysts expect the bullish trend to continue as Nvidia unveils more AI advancements at its summit.
Bitcoin (BTC) found support at around $62,000, helping it stabilize and prevent a further decline. The world's largest cryptocurrency has shed almost 2% over the past 24 hours after facing considerable volatility over the previous week, which saw highs of over $65,000 and a low of $59,800.
TAO has shown strong bullish momentum, potential for $800 if growth is continued.
AI coins have witnessed significant price gains alongside the Nvidia stock, which hit a six-week high with recent bullish developments for the company. These coins have a positive price correlation with the NVDA stock and could continue to rally with the tech company expected to make some bullish announcements at its summit which began today.
TAO rallied 164% in the last 30 days and data suggests there is room for the AI token to move higher.
Bittensor (TAO) continues to draw attention as one of the most widely mentioned AI tokens. The project also gains social media exposure through high-profile accounts.
Bittensor (TAO) stands out as an intriguing project at the intersection of blockchain technology and artificial intelligence. With its current price sitting at approximately $581.25, many investors are curious about what the future holds for TAO.
