# DeXe Plunges 90% Daily as Bitcoin Struggles to Hold $66K Crypto markets experience sharp fluctuations while Bitcoin shows resilience. - **Source:** [CryptoPotato](https://brifing.si/source/bd22636b-ec8d-42a8-8cca-1937c50e0f6c) - **Published:** 2026-07-22 - **Topic:** [Finance](https://brifing.si/c/finance) - **Original article:** - **On Brifing:** https://brifing.si/s/f98b9789-d00b-4111-9903-7d9fba3f00eb ## Bitcoin's Current Status Bitcoin reached $67,000 after several days of gains but faced resistance at this level. It's currently trading around $66,000. Last week, it rose from $62,000 to $65,600 following softer-than-expected US inflation data. ## DeXe's Collapse DeXe's native token DEXE has lost nearly 90% of its value in 24 hours, dropping to $4.50. This decline puts it at risk of falling out of the top 100 cryptocurrencies by market cap, now valued at $432 million. ## Altcoin Performances RAIN gained 6% to $0.015 while ONDO reclaimed the $0.40 level. Meanwhile, large-cap altcoins like HYPE, NEAR and ZEC saw losses up to 7%. Major coins including ETH, SOL and BNB also declined. ## Market Overview The total crypto market cap dropped about $40 billion from yesterday's peak to $2.3 trillion. Bitcoin's dominance over altcoins remains above 57%, indicating continued investor confidence in BTC. ## Reasons Behind Price Movements Bitcoin's $9,000+ gain from July's multi-year lows was fueled by softer US inflation data. However, uncertainty remains about the sustainability of this upward trend amid ongoing market volatility. ## Market Expectations These sharp crypto market fluctuations present both risks and opportunities for investors. Bitcoin holding $66,000 is seen as a key psychological support level. Continued market volatility is expected in coming days. ## Sources covering this story - https://cryptopotato.com/dexe-plunges-90-daily-bitcoin-btc-fights-for-66k-market-watch/ — --- _Summary written by Brifing from the original reporting. Copyright in the original article belongs to its publisher; read the full piece at the link above._