Bitcoin and Ethereum are trading within a tight range, with technical indicators pointing to a potential 40% price movement. The Bittensor ecosystem is experiencing turmoil following the exit of its main developer, Covenant AI, who criticized the network's decentralization efforts. This has led to a 12% drop in the TAO token since midnight. Meanwhile, DASH has surged 34% in the past 24 hours. Market participants are also eyeing the upcoming U.S. March CPI data, anticipated to show a 3.3% year-over-year increase, which could impact Bitcoin. Bitcoin futures open interest has increased by 1%, and funding rates have reached their highest since February, reflecting bullish investor sentiment.
Bitcoin Faces Volatility as Bittensor Developer Exit Shakes Ecosystem
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