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Alexander Stefanov

Bittensor's TAO Jumps 23% on June 13 as Anthropic Access Is Restricted

TAO, Bittensor's native token, rose from about $210 to $261.64 within 24 hours on June 13, up over 23%, with spot volume climbing 91% to $280 million. The move followed a U.S. Commerce Department order that cut foreign nationals off from Anthropic's two most advanced models, Claude Fable 5 and Mythos 5. TAO's seven-day return reached 35.8%, while market capitalization was reported at $2.88 billion.