Bittensor ($TAO) Crypto Forecast: Up 5.1% Today

What is Bittensor?

TAO is the largest Artificial Intelligence (AI) token by market capitalization. Today, it experienced a strong bullish movement in the market.

Why is Bittensor going up?

TAO crypto is up 5.1% on Jul 2, 2025 19:41

• 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.

TAO Price Chart

TAO Technical Analysis

TAO News

Why AI token Bittensor’s development activity surged 3,600% in June despite 22% price drop

Bittensor (TAO), the largest Artificial Intelligence (AI) token by market capitalization, upholds a bearish bias after facing rejection at $352 on Sunday. TAO is trading at $324, with intraday losses exceeding 3% on Tuesday.

https://www.fxstreet.com/cryptocurrencies/news/why-ai-token-bittensors-development-activity-surged-3-600-in-june-despite-22-price-drop-202507011657

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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.

23.04.2025 - TAO Crypto was down 5.4%

• TAO experienced a strong bearish movement despite the positive momentum in the overall cryptocurrency market.
• The announcement of the Stargate UAE AI campus involving tech giants like OpenAI, Oracle, Nvidia, and Cisco may have diverted investor attention towards AI tokens like Bittensor and NEAR, impacting TAO negatively.
• Speculative hype around other tokens like BlockDAG and MIND of Pepe potentially drew investment away from TAO, contributing to its bearish movement.
• Despite TAO building momentum, the overall sentiment and market dynamics led to its decline today.

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.

23.04.2025 - TAO Crypto was down 5.4%

• The bearish movement in TAO today could be attributed to profit-taking by investors after a period of significant gains.
• The mixed signals in the market and the FOMO generated by other cryptocurrencies may have diverted attention away from TAO, leading to a decrease in its value.
• The emergence of a 'golden cross' in Bittensor and the positive news surrounding other AI tokens may have shifted investor focus away from TAO, causing a decline in its price.
• Overall, the bearish movement in TAO today seems to be a result of market dynamics and shifting investor sentiments rather than any specific negative news related to the token itself.

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.

26.04.2025 - TAO Crypto was up 5.9%

• TAO surged above $450, possibly influenced by optimistic market mood and the news of US President Donald Trump halting tariffs on the European Union.
• Comparisons with other cryptocurrencies like $CWT and XRP in terms of real-world applicability could have bolstered TAO's upward trajectory.
• The expectation of TAO possibly reaching $500 post the 'golden cross' occurrence may have attracted more investors to the token.
• The collaboration among leading tech companies such as OpenAI, Oracle, Nvidia, and Cisco to form an AI campus in the UAE could have had a favorable impact on the market, benefiting AI-oriented tokens like TAO.

22.04.2025 - TAO Crypto was up 11.1%

• TAO's upsurge might be linked to the favorable momentum in the broader cryptocurrency market.
• The joint initiative among prominent tech companies to establish a Stargate AI campus in the UAE, including OpenAI, Oracle, Nvidia, and Cisco, could have bolstered confidence in AI-associated tokens like TAO.
• Reports of TAO facing challenges in sustaining its upward trajectory post a recent surge could signal profit-taking activities among investors. Nonetheless, the general market outlook remains optimistic.
• Growing enthusiasm surrounding promising meme coins like MIND of Pepe could be fostering interest and capital inflow into cryptocurrencies, such as TAO.

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.