Bittensor (TAO) price rocketed more than 18% today, which has sparked discussions among market participants over a potential reason behind the surge. Notably, a flurry of market pundits have attributed the latest US restrictions on the Anthropic AI models Claude Fable 5 and Mythos.
In other words, the experts believe that the current AI policy shift in the US has shifted the investors’ focus towards the decentralized AI token.
US AI Restrictions Spark Interest in Decentralized Networks
The latest jump in Bittensor (TAO) price appears closely linked to a significant shift in US AI policy. The US government recently directed Anthropic to suspend access to its newly launched AI models, Fable 5 and Mythos 5, for all foreign nationals.
Meanwhile, the order affects users both inside and outside the United States. As a result, Anthropic said it had no choice but to disable the models for its customer base to remain compliant with federal requirements.
The development quickly caught the attention of crypto investors. Several market analysts argued that restrictions on centralized AI providers could benefit decentralized networks such as Bittensor.
Crypto analyst CryptoGoos noted on social media that investors increasingly view decentralized AI ecosystems as more resilient. According to the analyst, projects like Bittensor are not tied to a single corporation and do not depend on government approval to continue operating. This perception appears to have fueled fresh buying activity in TAO.
Bittensor Price Jumped 18%, Rally to Sustain?
Following the US AI restrictions news, Bittensor (TAO) price jumped nearly 19% and exchanged hands at $251. Its one-day volume also rocketed 134% to $341.73 million at the same time.
This suggests the shifting and increasing focus of the investors towards the decentralized AI networks. Besides, a flurry of market commentators also believe the rally will continue ahead.
For context, renowned market figure Jesus Martinez said that “TAO is beginning to show strength again.” In addition, he has also sparked speculations about whether Bittensor price can hit $300 by the “end of the week.”
However, some have argued that the latest rally is merely hype driven due to the Anthropic news. Having said that, investors should stay cautious as the rally may start fading eventually if any big news continues to fuel the market optimism.
