Bitcoin News Today: Investors Turn to AI-Driven Crypto Platforms Amid Market Volatility and WBT Surge

Bitcoin's $91,000 rebound has ignited cautious optimism in the cryptocurrency market, with the world's largest digital asset stabilizing after a sharp weekend selloff that pushed it near $93,000. The move follows a volatile week marked by record outflows from Bitcoin exchange-traded funds (ETFs), a shift in futures-to-spot pricing, and growing concerns over macroeconomic uncertainty. However, the recent rebound has sparked renewed interest in passive-income strategies and blockchain innovations, particularly as platforms like JEXAI and WhiteBIT gain traction.

Bitcoin's price action has been shaped by a mix of technical and macroeconomic factors. On Monday, the cryptocurrency steadied above $91,000 after a weekend-driven selloff that erased over $600 billion in market value since October's peak. Laser Digital, part of the Nomura Group, noted that the selloff lacked a clear catalyst but highlighted the risk of a short-squeeze scenario if prices reclaim key resistance levels above $98,500. Meanwhile, BlackRock led a $523 million outflow from Bitcoin ETFs on November 19, part of a broader $3 billion exodus in November, according to CoinGlass.

Amid the volatility, JEXAI, a blockchain-based AI-powered crypto asset management platform, has emerged as a focal point for investors seeking stability. The platform's integration of AI automation, blockchain transparency, and dynamic energy optimization aims to maximize returns while reducing electricity costs by over 60%. JEXAI's user-friendly interface and multi-currency configuration capabilities have attracted both novice and institutional investors, positioning it as a potential catalyst for the next wave of digital wealth generation.

The most striking market development, however, has been the 19.5% surge in WhiteBIT Token (WBT), which has risen 11.7% weekly and 16.5% in 14 days. The rally follows WhiteBIT's strategic partnership with Saudi Arabia's Durrah AlFodah Holding, a collaboration aimed at advancing the Kingdom's blockchain infrastructure, tokenizing its stock market, and developing a Central Bank Digital Currency (CBDC) framework. The partnership, announced on November 19, has already driven WBT to an all-time high of $62.96, with analysts pointing to a bullish flag pattern on its daily chart as a sign of continued momentum.

Technical indicators further support WBT's strength. The 20-day simple moving average has crossed above the 50-day line, while the Supertrend indicator flashed a buy signal. If the upward trend persists, WBT could test the $70–$80 range, though a drop below $51.5 would invalidate the bullish setup. The token's rise reflects growing demand for utility-driven exchange tokens, with investors favoring platforms that offer reduced fees, staking benefits, and ecosystem participation.

Meanwhile, Bitcoin's recent rebound has been bolstered by Nvidia's Q3 earnings report, which showed $57 billion in revenue—62% higher than the prior year—and reinforced the chipmaker's dominance in AI-driven data centers. The news sent Bitcoin back above $90,000 from a low of $88,000, while AI-focused crypto tokens like TAO and RNDR surged 4%-5%. Analysts suggest that Nvidia's Blackwell GPU sales and cloud demand are key drivers of the broader tech and crypto markets.

The mixed signals for Bitcoin highlight the fragility of market sentiment. While institutional outflows and macroeconomic risks persist, the resilience of large-cap assets and the rise of utility-driven tokens like WBT suggest that investors are not abandoning the market but reallocating capital. With key levels in play and geopolitical developments in Saudi Arabia and the U.S. rate-cut outlook shaping the landscape, the next few weeks will be critical in determining whether Bitcoin's $91,000 support holds or gives way to further volatility.