Bittensor Price Slumps After Binance Tightens Margin Requirements
Bittensor's price continues to decline after Binance tightened margin requirements for the asset on September 18. The platform raised TAO collateral ratios for Cross Margin and Portfolio Margin users, increasing the capital required to hold leveraged positions.
This move may influence trading dynamics in the near term, according to Captainaltcoin. Additionally, Grayscale's Bittensor Trust expanded institutional exposure as reported in a September 15 SEC filing, indicating broader engagement by larger market participants per Kucoin.
The network's first halving further reduced new token supply, while recent spikes in trading volume suggest elevated participation. However, price action has remained under broader selling pressure.