Bittensor's Volatile Moves Continue. Here's Why This Token Is Down More Than 16% Today.

Much ado has been made of the rise of artificial intelligence (AI) and the so-called AI stocks that have enabled a new technological wave to be pushed forward. Most of us are looking forward to a future in which enhanced efficiency may lead to even better productivity throughout the economy, though views around how AI may impact employment and other key factors are outstanding questions we'll have to figure out over time.That said, the AI revolution isn't only happening in the equities market. Key cryptocurrencies such as decentralized and open-source AI blockchain platform Bittensor (CRYPTO: TAO) have clearly been rocketing higher as sentiment around this sector continues.Today, that's not so much the case, with Bittensor's native TAO token declining 16.6% over the past 24 hours as of 2 p.m. ET. Here's the key reason why investors appear to be shifting their view when it comes to Bittensor's investment thesis today.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool