Does anyone have a good theory for why crypto is weathering this market crash so well?

Because there are layers to crypto. There are capitalists and businesses milking it for profit. Developers and superfans using it as a full on living ecosystem abandoning traditional methods for crypto based tech. Casual investors and tech enthusiasts bolster moments of extreme growth and tech advancement.

There’s always many different angles holding up the infrastructure of what makes the core of the technology work. The only thing that makes anyone lose is when they try to play the game with the corporations who are manipulating the market to make the most profits and not just using it for what it is.