You’re right, it sure looks that way. I made this a while back, but back then, I used an area calculator for circles to do it and kept the relations the same afterwards. Hmm.

Anyway, I updated it to contrast with the dotcom bubble, which was roughly the size of the gold market, so check here for a representation that’s probably more accurate:

https://medium.com/the-crypto-times/bitcoin-bubble-2e7df4fae296