DeXe Jumps 27% Toward $20 After Bitget Reports $37 Million Daily Volume

DeXe jumped 27% as bullish momentum built toward $20, with the token climbing to $17.65 after gaining more than 18% in the past 24 hours.

“The conversation about the Federal Reserve has flipped in a way that should make anyone holding long-duration assets sit up”

24/7 Wall St.

Bitget said daily volume reached more than $37 million and DeXe’s market capitalization climbed above $826 million during the latest rally.

24/7 Wall St.

The article said DeXe broke above the important $15.00 resistance region after spending weeks inside a broad consolidation range, and it now trades well above its 20-day, 50-day, 100-day, and 200-day exponential moving averages.

It also cited a 20 EMA near $13.59 acting as immediate dynamic support, while next key support zones stand near $11.87 and $9.72.

Bitget framed the upside path as a move toward the psychological $18.00 level, then $19.20 and the major $20.00 resistance zone, with a sustained breakout above $20.00 opening the path toward $22.50 and higher.

Crypto Week Ahead said the coming week appears to be macro-led, with U.S. economic data carrying the main calendar risk as inflation, growth, jobless claims and housing numbers land before the open.

It added that prediction markets and the CME’s FedWatch tool currently point to rates remaining unchanged in June’s meeting, even as the data comes amid the ongoing Middle East war.

@coindesk

TradingView reported Bitcoin slipped below $78K as Warsh-led Fed rattled rate-cut hopes, with Bitcoin dropping to $74,190 on Saturday before recovering toward the $77,000 range.

The same piece said the 2-year US Treasury yield climbed to 4.14%, its highest level since February 2025, while the Fed’s benchmark rate was between 3.50% and 3.75%.

TradingView also said CME FedWatch data showed futures markets were pricing in the possibility of a 25-basis-point rate hike by December, while expecting rates to remain largely unchanged through most of 2026.

24/7 Wall St. said markets are now pricing in rate hikes through 2027 as Fed cut expectations evaporate, with the curve drifting to pricing in modest hikes through 2027.

It claimed the numbers behind that pivot include cumulative hikes of roughly 30 basis points through 2027, and it cited the 10-year at 4.56% and the 30-year at 5.06% after a spike on May 19 that pushed the 10-year to 4.67%.

The article said real yields tell the same story, with the 10-year TIPS at 2.18%, up from 1.91% on May 1, and it described financial conditions as tightening on a real basis.

It argued that for bond holders a 30-year yielding 5.06% brings “brutal mark-to-market math if yields keep grinding higher,” while for dividend equity investors the arithmetic is harder as risk-free Treasuries pay over 4% across most maturities.

TradingView connected the same rate regime to Bitcoin’s technical and liquidity pressure, noting that on the daily chart Bitcoin continues to trade below all major exponential moving averages and that the 20-day EMA sat near $77,816 at the time of writing.