Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) continue to slightly outperform equities, with prominent crypto analysts doubling down on their decisions to add exposure.
Bitcoin, Ethereum Flash Resilience In an X post on July 30, Doctor Profit reflected on his July 18 positioning and said many questioned why he was buying crypto despite expecting broader weakness across financial markets.
His answer is that the correction has been concentrated in AI and technology stocks rather than digital assets.
"BTC has remained stable within its range and ETH has shown remarkable resilience," he wrote.
He sees that the limited impact of the S&P 500's weakness on Bitcoin supports his thesis that crypto may decouple from technology stocks if the selloff remains concentrated in AI.
