Also. This past year to date has evinced all time historical low volatility in major currency crosses. Difficult to make the case based on sheer volume that fiat is being abandoned for crypto. But players hunting for alpha tend to go where the action is:

Traders Lament Death of FX Volatility as Torpor Tanks Returns

https://www.bloomberg.com/news/articles/2017-12-10/traders-l...