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Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test

Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test

CryptoNewsNetCryptoNewsNet2026/06/15 12:42
By:CryptoNewsNet
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Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test

Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test image 0  ambcrypto.com 27 m
Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test image 1

Bittensor [$TAO] gained 9% in the last 24 hours, extending its weekly gain to 28% as buyers continued rebuilding momentum. The recovery began near the key $180.9 support zone.

There, repeated selling attempts failed to generate fresh downside pressure.

As sellers lost control, buyers gradually absorbed available supply and stabilized price action. This transition was followed by a brief consolidation phase, which suggested accumulation rather than continued distribution.

Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test image 2 Source: $TAO/ $USDT on TradingView

Momentum then accelerated sharply, lifting $TAO from roughly $215 to $267.4 within two sessions. In the process, price reclaimed the 20-day SMA at $220.70 and pushed through a resistance area that had limited advances for weeks.

Volume expanded aggressively during the breakout, producing its strongest positive reading in nearly two months.

Meanwhile, RSI climbed to 59.2 from below 40, while MACD continued strengthening. Attention now turns to the $280-$300.6 region, where buyers and sellers will likely contest the recovery’s strength.

Anthropic’s move fuels $TAO demand

Bittensor’s rally did not emerge in isolation. Anthropic announced that access to Fable 5 and Mythos 5 would be suspended for foreign nationals following a U.S. government directive. The decision immediately highlighted a key weakness of centralized AI systems.

Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test image 3 Source: X

Access could be restricted by regulation, regardless of demand. That narrative quickly spilled into crypto markets. As a result, traders rotated toward decentralized AI projects, helping $TAO extend its advance toward the $272-$279 range.

Volume climbed above $560 million, reinforcing the strength of the move. This reaction suggests buyers were responding to more than technical momentum alone.

However, the durability of the rally now depends on whether demand continues after the headline impact fades.

Can bulls force a break above $300?

$TAO’s sharp rebound has shifted attention toward whether buyers can maintain control above newly reclaimed levels. After rallying from the $182.5 liquidity sweep to $292.2, the price encountered resistance near a key May supply zone and began pulling back.

Bittensor jumps 28% as Anthropic restrictions fuel TAO’s $300 test image 4 Source: $TAO/ $USDT on TradingView

That reaction places the former $244.7-$255 consolidation range in focus. The area previously acted as resistance before the breakout and now serves as the market’s most important support zone.

Holding above it would preserve the recovery structure and keep $300 within reach. Losing it would expose $TAO to a deeper retracement toward $210-$220 support.

Final Summary

  • Bittensor [$TAO] reclaimed key resistance levels as rising volume and AI-driven demand strengthened the recovery structure.
  • $TAO now faces a decisive $300 test, with support holding critical to preserving recent gains.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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