Where are the $$$ going?

With the market cap of nearly every crypto way down from their ATH, lots of fiat has moved out of crypto. I'm wondering where has all that cash moved to?

The stock market is bleeding with the exception of energy companies.

I can't imagine anyone would be happy to simple cash out and put their money in the bank with interest rates being so low and inflation so high. You stand to lose at least eight percent of your savings per year if you do this.

The price of Gold has had a fantastic year up seventeen percent from May 2021, perhaps everyone fallen back in love with the old reliable shiny stuff.

Has all the money really moved back into gold and oil! If that is the case we seemingly have not made progress in the financial markets since the early 1900s.