How the hell is crypto still “up” this week relative to the general financial markets right now?

Every since the Federal Reserve raised interest rates again a few days ago markets everywhere have been getting pummeled… Stocks are getting devastated and a lot of them are under their 52 week lows again; commodities are getting decimated and the price of oil is crashing; the dollar is getting stronger than ever but other currencies are getting crushed; bond yields are soaring; the yield curve is inverting; and literally everywhere you look there’s a sea of deep red in all of the financial markets except crypto… Somehow crypto isn’t budging and we’ve even pumped a little these past few days.

With that being said there’s a lot going on so can somebody tell me how the hell most cryptocurrencies are still floating comfortably above their 52 week (June) lows? When I look at the markets crypto is the only thing that’s still showing green. I know that we had a few events lately that pumped the crypto markets (Ethereum merge hype, Algo FIFA partnership, Cardano vasil hardfork anticipation, etc) but it still doesn’t make sense to me how it’s just chugging along when the rest of the markets are on fire (especially because it’s considered a “risk on” asset).

What do you guys think of this here? How are we still staying afloat right now? Are we finally deviating from the NASDAQ? Will we test lows again? Let’s discuss.