Bittensor Token Slips Amid Global Pressure and AI Sector Rotation
The Bittensor (TAO) token has been affected by the current geopolitical situation and the rotation in the AI sector.
According to data from CoinMarketCap, TAO's price has dropped by almost 1.5% in the last 24 hours, hovering around $270.
This decline is part of a broader crypto market fall, which is being fueled by escalating US-Iran tensions around the Strait of Hormuz.
While TAO's dip is significant, it has outpaced the broader crypto market and Bitcoin's decline, suggesting that the token may be more sensitive to market pressure.
