You don't even mention that the real bubble is the dollar. Certainly the dollar will soon be worth less than an authentic copper penny of yesteryear. (pre 1982) Think about that.
And that the INFLATED prices of cryptos are what is required to build out the infrastructure to scale up and make crypto usage practical. It didn't happen by chance and didn't require coercion to finance this new industrial sector. Human Action has employed those resources that were available to create "the Absurd market cap" we see today.
The Stock Market is a trailing indicator -- rigged, thwarted and controlled to protect those industries that have "made it" in today's world. While the crypto space is looking forward to an unknowable future.