### Benzinga Report: Bittensor Coin Dips 4% in 24-Hour Cryptocurrency Market Fall

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Bittensor’s (CRYPTO: TAO) has faced a 4.05% price decline in the past 24 hours, now stabilizing at $436.61. This downward trend has persisted from the previous week, during which it witnessed a 6.0% decrease from $468.36 to its current value.

Upon examining the price fluctuations and volatility of Bittensor, the chart displays the daily movement on the left and the weekly movement on the right. The volatility levels for both time frames are indicated by the Bollinger Bands, shown as gray bands. A wider band or a larger gray area indicates heightened volatility.

Over the last week, the trading volume of the cryptocurrency has decreased by 30.0%, while the total circulating supply has increased by 0.31%, surpassing 6.65 million. This increase positions the current circulating supply at around 31.69% of its maximum supply of 21.00 million. TAO currently holds the #43 rank in market capitalization, with a value of $2.92 billion.

Data sourced from the CoinGecko API.

This content has been automatically generated by Benzinga’s algorithmic platform and subsequently reviewed by an editor.

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Original article: Benzinga