About Bittensor

Bittensor (TAO) price has struggled to breach the $357 resistance level. Despite these failed attempts, the conditions for forming an ascending triangle pattern are becoming more apparent.

Here is how some of your favorite assets concluded the week.

Decentralized AI project Bittensor skyrocketed to the top of the weekly gainers' list, riding the wave of Nvidia's stock surge.

September 2024 began on a tough note for several Artificial Intelligence (AI) Coins. However, as soon as the second week started, things changed, making the week a much better one than the last.

Bitcoin (BTC) saw a brief foray above $58,000 on Thursday following the release of US inflation data and Federal Reserve rate cut bets. US consumer prices bumped up slightly in August, but core inflation remained persistent, with the Core Consumer Price Index increasing by 0.28%, compared to an anticipated 0.2% increase.

Bitcoin (BTC) briefly hit $58,000 early in today's session, but selling pressure forced the price back below $57,000. The world's largest cryptocurrency continues to face resistance at upper levels, causing bulls to lose momentum.