AI tokens Bittensor, Near Protocol risk extending decline as futures funding rates shrink

Bittensor (TAO) and Near Protocol (NEAR) are facing declines due to waning trader confidence reflected in low futures funding rates. NEAR is below important moving averages, while TAO struggles at critical support levels.

While current trends suggest bearish pressures, potential regulatory support from the US, such as the Digital Asset working group’s report, aims to foster crypto innovation, which investors are closely monitoring.