You nailed it @runicar
Once the Wall Street, Banker, and Government types started moving in I expected this sort of thing would start happening. Same old song and dance ( i.e. FOREX, Stocks, Bonds, Commodities, etc.) I watched so many people I know buy high and sell low this time....
One other thing I noticed that they were demonizing crypto environmentally now, talking about how much electricity it uses and such. One politician(forget who) said that one single BitCoin transaction used as much electricity as a single family house uses all day ??? It feels like it costs that much or more sometimes lol but I don't think so.
No mention one the energy usage of say the bank card network with there millions and millions of card readers and vast buildings of servers throughout the world.