Bittensor (TAO) has dropped 17% overall in the past week, trading at 368 USD. Increased volatility in AI tokens places pressure on investor sentiment as the market awaits the U.S. Federal Reserve’s interest rate decision.
Key indicators reveal a bearish trend for TAO, as it remains below significant moving averages. Despite the decline, high futures Open Interest suggests that there may still be hope for a market turnaround.
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