A lot of people are waiting to see if the Fed will raise rates, but the market has already done it for them. On 10/8, the U.S. Treasury auctioned $22 billion in 30-year bonds with a winning yield of 5.618%—the highest since August 2000. Just last month, the yield was 5.308%, a 30-basis-point jump in just one month. In the secondary market, the 10-year yield briefly hit 5.36%, also the highest in over two decades. With U.S. Treasuries earning 5.6% effortlessly, why would capital bother coming back to the crypto space to ride the roller coaster with you? No wonder $BTC and the Nasdaq have been dropping hand in hand these past couple of days. By the way, does the crypto space even have U.S. Treasury contracts?