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Bittensor is falling today: what traders are watching
Bittensor completed its first token supply halving on December 15, reducing daily issuance from 7,200 to 3,600 TAO. This milestone introduces greater scarcity into the network’s supply dynamics. Market capitalization now stands above $2.7 billion, while the project also launched a new hardware-focused subnet to support decentralized AI innovation. Anton Kharitonov, expert at Traders Union, notes that Bittensor remains under pressure on all major moving averages and just posted a sharp 10.31% decline. He highlights weak momentum indicators and persistent seller control, with volatility underscoring trader anxiety. ... (full story)
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