Have no handle on Cryptos….but agree that their rise has taken place in a mkt that is beyond perfection….hell they have even stopped… so far….the Bond mkt from tearing them a new one….though I think that is just biding time and letting a huge Number of Jonnie come Lately’s load up short rates, before the next leg takes off and starts to kill it all.
10 year money at 7 % would be some stiff competition to a crypto…..