Bankless · Friday, July 31, 2026
Despite broader market turmoil including the AI trade unwinding and stock market declines, cryptocurrencies, particularly Bitcoin and Ethereum, have shown remarkable resilience. Bitcoin increased by 11% and Ethereum by 22% in July, outperforming significantly compared to assets heavily invested in the AI trade.
“But Ryan, in all of that, after all of that mess, the AI trade unwinding, maybe bottoming, who knows, the stock market coming off, yields going up, all of this bearish stuff – Crypto did not blink. Crypto is up this week, showing unique strength.”
“So if you were invested in AI, you are licking your wounds right now. If you were invested in crypto blue chips... You're doing great. You're happy.”
“Bitcoin in 30 days, up 11%. ETH in 30 days, up 22%. Wow.”