Bittensor’s TAO token slipped below the $250 mark on Thursday, recording its fourth consecutive day of losses as weakening retail interest and deteriorating market sentiment weigh on the AI-focused cryptocurrency. At the time of writing, TAO remains under pressure, with derivatives data showing a notable decline in trading activity and investor appetite. The token is now approaching a critical support zone that could determine whether prices remain above $200. Open Interest drops as traders pull back Bittensor is experiencing a decline in speculative demand, reflected in a sharp drop in futures market activity. According to CoinGlass data, TAO futures open interest (OI) fell more than 6% over the last 24 hours to approximately $252.
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