I think " bubbles " occur in everything. It is human nature when 90 % of people are simply followers. Who really knows the true value of anything since there is literally no way to compare an Orange to a Lemon for instance . . .
Personally the 0.01 % interest rate on many bank accounts is obviously a BUBBLE ! ! !
At 0.01% APY (a typical savings interest rate at very large brick-and-mortar banks), you'll have $5,002.50 after five years. At 0.09% APY (a hair above the national average), you'll have $5,022.55 after five years.
How awesome is that ...
At least crypto for the most part is not a " rigged " ' gamed ' system , now at least average honest people have an open market space they can adventure in ! ! !
/ hugs ;)
[ The only Good Politician is a Dead politician ] ...