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Bittensor ($TAO) Crypto Forecast: Up 5.3% Today

Morpher AI identified a bullish signal. The crypto price may continue to rise based on the momentum of the good news.

What is Bittensor?

TAO is a cryptocurrency token that belongs to the artificial intelligence (AI) sector. It recorded a significant bullish movement in the market today.

Why is Bittensor going up?

TAO crypto is up 5.3% on Aug 7, 2025 11:51

  • The positive momentum in TAO's trading could be linked to advancements in the AI industry, suggesting growing investor trust in AI-linked cryptocurrencies.
  • Amid a cautious mood in the wider cryptocurrency realm and the downturn of other AI tokens such as Bittensor and Near Protocol, investors might have turned to TAO for safety, boosting its value.
  • Heightened volatility in the AI token sphere, alongside speculation surrounding the upcoming Federal Reserve interest rate announcement, possibly created uncertainty, leading investors to select TAO as a more dependable investment choice.

TAO Price Chart

TAO Technical Analysis

TAO News

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

Bittensor (TAO) and Near Protocol (NEAR) recovery has become elusive on Tuesday, reflecting risk-off sentiment, particularly in the artificial intelligence (AI) sector, but also in the broader cryptocurrency market.

https://www.fxstreet.com/cryptocurrencies/news/ai-tokens-bittensor-near-protocol-risk-extending-decline-as-futures-funding-rates-shrink-202508051715

0 News Article Image AI tokens Bittensor, Near Protocol risk extending decline as futures funding rates shrink

Bittensor faces volatility surge as AI token market cap drops 13% in a week

Bittensor (TAO) is declining alongside other Artificial Intelligence (AI) tokens on Wednesday amid a surge in volatility as the market awaits the Federal Reserve (Fed) interest rate decision on Wednesday.

https://www.fxstreet.com/cryptocurrencies/news/bittensor-faces-volatility-surge-as-ai-token-market-cap-drops-13-in-a-week-202507301543

1 News Article Image Bittensor faces volatility surge as AI token market cap drops 13% in a week

Bittensor Price History

28.04.2025 - TAO Crypto was down 5.3%

  • TAO experienced a bearish movement despite being highlighted as one of the best ROI cryptos.
  • Grayscale's launch of an AI-focused crypto sector with a significant market cap may have diverted investor attention from TAO.
  • The spotlight on Web3 ai's real utility and high ROI could have overshadowed TAO's performance.
  • Despite positive price forecasts, TAO faced a bearish trend, possibly influenced by broader market factors or profit-taking by investors.

30.04.2025 - TAO Crypto was down 5.2%

  • TAO experienced a bearish movement today amidst a broader market downturn in the cryptocurrency space.
  • The uncertainty surrounding US tariffs and the appeals court decision blocking President Trump's tariffs may have contributed to the overall negative sentiment in the market.
  • Despite TAO's recent climb, the focus on AI-focused crypto assets like Bittensor, NEAR, and ICP flipping bearish could have diverted attention and investment away from TAO.
  • The bullish outlook from Grayscale on AI crypto's future and the launch of an AI-focused crypto sector with a significant market cap may have overshadowed TAO's performance, leading to profit-taking and a bearish trend.

31.06.2025 - TAO Crypto was down 5.3%

  • TAO faced a strong bearish movement due to the overall decline in AI tokens, which are experiencing volatility ahead of the Federal Reserve's interest rate decision.
  • The market sentiment towards AI tokens, including TAO, was negatively impacted by the 13% drop in market cap over the past week.
  • Investors in TAO may be cautious as they await the outcome of the Federal Reserve's interest rate decision, leading to increased selling pressure and contributing to the bearish movement in the market today.

21.06.2025 - TAO Crypto was up 5.0%

  • TAO's upward movement is supported by several reasons:
  • Positive market sentiment surrounding AI tokens, exemplified by the strong performance of tokens like NEAR and ICP.
  • TAO's specific indicators signaling a steady recovery and potential for further growth.
  • External factors such as investments from prominent tech companies like Google and Meta contributing to a positive outlook for the AI sector.
  • The current market activity indicates investor confidence in the future prospects of AI tokens such as TAO, leading to increased demand and price appreciation.

02.06.2025 - TAO Crypto was up 5.1%

  • Despite facing rejection at $352 recently, TAO showed a significant bullish movement today.
  • The surge in development activity of AI token Bittensor by 3,600% in June might have positively influenced the overall sentiment towards AI tokens, including TAO.
  • Investors could be reacting to the news of increased development activity in the AI sector, leading to a renewed interest and buying pressure on TAO.
  • The market movement could be a result of traders reassessing the potential of AI tokens like TAO, leading to increased demand and a bullish trend.

26.04.2025 - TAO Crypto was up 5.2%

  • The recent increase in TAO's value aligns with the upbeat outlook on cryptocurrencies.
  • Investor interest in TAO may have been sparked by discussions of its growth potential and comparisons with other digital assets.
  • Technical analysts may have been motivated by the emergence of a 'golden cross' in Bittensor (TAO), potentially influencing trader decisions.
  • The temporary tariff pause by US President Donald Trump appears to have positively influenced the broader cryptocurrency market, including TAO.

07.07.2025 - TAO Crypto was up 5.3%

  • The positive momentum in TAO's trading could be linked to advancements in the AI industry, suggesting growing investor trust in AI-linked cryptocurrencies.
  • Amid a cautious mood in the wider cryptocurrency realm and the downturn of other AI tokens such as Bittensor and Near Protocol, investors might have turned to TAO for safety, boosting its value.
  • Heightened volatility in the AI token sphere, alongside speculation surrounding the upcoming Federal Reserve interest rate announcement, possibly created uncertainty, leading investors to select TAO as a more dependable investment choice.

16.06.2025 - TAO Crypto was up 7.2%

  • TAO surged alongside other AI tokens like NEAR and ICP, indicating a broader trend in the AI sector.
  • The market movement could be attributed to the increased interest and investment pledges from tech giants in AI innovation.
  • Trump's energy and AI innovation push may have also contributed to the positive sentiment towards AI tokens, including TAO.
  • Overall, the bullish movement in TAO today reflects the growing confidence and support for AI technologies in the market.

05.05.2025 - TAO Crypto was down 5.3%

  • TAO's bearish movement can be attributed to the overall negative sentiment in the cryptocurrency market, as indicated by the losses sustained by other top AI tokens like Bittensor, NEAR, and ICP.
  • The uncertainty surrounding US tariffs, exacerbated by a recent appeals court decision related to President Trump's tariffs, likely added to the market's pessimism.
  • Investors in TAO may have reacted to the broader market trend and geopolitical factors, leading to selling pressure and driving the token's bearish movement.

29.04.2025 - TAO Crypto was down 5.4%

  • Today's downward movement in TAO may be linked to profit-taking by investors following a period of significant growth.
  • Despite recent positive sentiment and coverage, market dynamics and technical aspects may have triggered a selling spree in TAO.
  • The high enthusiasm for AI-focused cryptocurrencies, like TAO, could have resulted in overvaluation, leading to a price correction.
  • Investors are advised to monitor market sentiment and technical indicators closely to assess the potential resurgence of TAO in the near term.

27.04.2025 - TAO Crypto was up 5.4%

  • TAO's bullish movement could be attributed to the positive sentiment surrounding its real utility and potential growth.
  • The focus on TAO as one of the best cryptocurrencies to buy with astounding potential might have attracted more investors, contributing to its upward momentum.
  • The optimistic price forecast for TAO, targeting a 60% rise, could have sparked further interest and buying activity in the token.
  • The comparison of TAO with other cryptocurrencies for real utility may have positioned TAO favorably in the eyes of investors, leading to increased demand and price appreciation.

13.05.2025 - TAO Crypto was down 6.7%

  • The bearish movement in TAO can be attributed to the overall turmoil and distress in the cryptocurrency market, with liquidations surpassing $1 billion.
  • The escalating geopolitical tensions in the Middle East might have added to the negative sentiment, leading to a sell-off in TAO and other cryptocurrencies.
  • Investors may be cautious and opting for safer assets amidst the uncertainty, causing a dip in TAO's price despite efforts by projects like Bittensor, Virtuals Protocol, and Kaito to target a weekend recovery.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.