Exponentially faster, not exponentially bigger. The Chinese stock, listed in ZH, is approximately $3 Trillion. That alone is 1000 times larger than all cryptocurrencies. If there is a pop in crypto it will be like a large enterprise going pop. Albeit large enterprises tend to be owned by pension funds etc, arguably crypto is (almost) only owned by private investors and not in large funds. So naively, I expect the knock-on effects to be relatively muted.
RE: Bitcoin Bubble Popping, May Cause the Biggest Financial Crisis Yet