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The crypto market is surging along with the broader financial market after Treasury Secretary Scott Bessent stated during a closed-door meeting that the trade war between the US and China is unsustainable. Bitcoin (BTC) continued its upward trajectory, crossing $93,000, a key resistance level.
TAO, the native token of AI-focused blockchain Bittensor, has been causing tension on X between Digital Currency Group founder Barry Silbert and staunch supporters of bitcoin (BTC), the original and largest cryptocurrency.
Bittensor's (TAO) subnet ecosystem continues to capture attention with its impressive performance amidst broader market volatility. The market cap has shown substantial growth.
The cryptocurrency market is buzzing with excitment as Bitcoin (BTC) eyes $90, Fartcoin (FARTCOIN) experiences a remarkable surge, and Bittensor (TAO) garners attention from industry leaders. Bitcoin, the flagship cryptocurrency, is on the verge of breaking the $90,000 mark, driven by a combination of technical indicators and macroeconomic factors.
TAO's sustained rally needs strong spot market demand otherwise it could stall in the short term.
TAO may be likely to rally to $373 and $400 next, but traders should be prepared for a pullback.
Barry Silbert, CEO of Digital Currency Group, has stated that Bittensor (TAO) has the potential to outperform Bitcoin (BTC) as a global store of value.
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week. That rally led to more gains in the altcoin market.
Bitcoin (BTC) has risen roughly 1% for the week, indicating a balance between supply and demand. Analysts expect a quiet easter weekend but are divided about the next directional move in Bitcoin.Network economist Timothy Peterson said that the US High Yield Index Effective Yield has gained over 8%.
Here is how some of your favorite assets concluded the week.
TL;DR Renewed investor interest in AI-related tokens has triggered strong price increases for assets like TAO (+14.19%), (+9.67%) and FIL (+6.47%). This surge is linked to Nvidia's recent visit to China and Bitcoin's current market stability.
The cryptocurrency landscape in 2025 brims with opportunities as innovative projects like Sui, Bittensor, and CartelFi capture investor attention. Sui's robust Layer-1 blockchain, bolstered by strategic partnerships, signals strong growth potential, while Bittensor's fusion of AI and blockchain offers a unique value proposition despite market volatility.
Demand for AI-themed tokens soars, as it captures 35% of global interest throughout Q1 2025.
Bittensor (TAO) surged 10%, eyeing a breakout of a falling wedge pattern amid serious allegations of centralization.
TAO, the altcoin that powers Bittensor's decentralized machine learning network, has soared 10% in the past 24 hours. It has outperformed major cryptocurrencies like Bitcoin (BTC), which has seen a modest gain of 0.13%, and Ethereum (ETH), whose value has dipped by 1.3% over the past day.
TAO rallied as much as 13% on April 18, reclaiming a key support level and pushing its market cap back above $2.2 billion following reports that Nvidia plans to maintain its presence in China despite new U.S. export restrictions.
AI crypto tokens are facing renewed pressure after Nvidia warned of a massive financial hit due to new U.S. export restrictions on chip sales to China.
The crypto market tanked over the past 24 hours, with the market cap declining almost 3% to $2.63 trillion as bearish sentiment returned. Bitcoin (BTC) peaked at a local high of $86,397 before investors began booking profits.
Bittensor (TAO) has been on our radar for a while now, and for good reason. Decentralized AI is fast becoming the future, and Bittensor is one of the core projects pushing that narrative.
Even while stock markets are mired in uncertainty, AI tokens continue to mount a rebound. Behind the scenes, the crypto AI sector is exploding after fresh announcements from OpenAI and NVIDIA.
The crypto market has registered a marginal increase as most cryptocurrencies, including Bitcoin (BTC), remained steady over the weekend. The crypto market cap currently sits at $2.69 trillion.
The crypto market resumed its downward trajectory after a brief recovery on Tuesday. Bitcoin (BTC) and other cryptocurrencies crashed on Monday thanks to tariff-induced uncertainties but recovered on Tuesday.
Until $240 is flipped to support in the short-term, TAO traders can remain bearishly biased.
Despite tariff fears having an outsized impact on AI tokens, Bittensor's subnet ecosystem is posting impressive returns. In two months, its subnet tokens' market cap grew from $4 million to over $200 million.
