TAO drops 7.89% to $259.88, trades below short-term moving averages
- —TAO trades at $259.88 after a 7.89% daily decline
- —Price is below SMA-7, SMA-15 and SMA-50; RSI at 42.3
- —Daily volume of $210.85M is 25.88% below the 30-day average
- —Market cap stands at $3.02B with no confirmed token-specific trigger
Why it matters: TAO's weakness tracked a broader risk-off move in crypto; without a token-specific catalyst, its direction hinges on BTC sentiment.
Source: DiarioBitcoin