TOKENPOST
1 min read
Add as a preferred source on Google

Bittensor’s TAO Falls 5.54% as Price Nears Prior Support Range

Bitcoin (BTC) was down 3.41% in the same snapshot, making TAO’s decline 2.13 percentage points steeper.

By Enna Lee
Published
Mentioned assets
A metal token tilts at the edge of a narrow stone ledge / TokenPost.ai
A metal token tilts at the edge of a narrow stone ledge / TokenPost.ai

Bittensor’s TAO fell 5.54% in 24 hours to $258.04 by 9:14 p.m. ET Thursday (01:14 UTC Friday), leaving the token about $3 above a previously discussed support range.

Bitcoin (BTC) was down 3.41% to $81,313 in the same snapshot. TAO’s decline was 2.13 percentage points steeper.

A prior analysis of TAO’s pullback described $252-$255 as a potential support area when the token traded near $265 on Oct. 22. The latest price was $3.04 above the range’s upper edge.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…