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Insights · Asset Performance

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  1. Protocols like Hyperliquid are decoupling from Bitcoin price action by generating revenue from non-crypto assets such as stocks and commodities. This fundamental shift allows these tokens to maintain value even during broader crypto bear markets.

    Impact: Revenue-generating protocols are likely to outperform speculative tokens in bear markets, offering a more stable investment opportunity for risk-averse investors.

    — from Crypto Market Reset: AI Capital Rotation · The Milk Road Show· Jun 04, 2026