Can a net Capital Loss (ie a net loss from trading cryptocurrency for one year) apply to Total Income before being carried over to the next year?

Nope. The Tax Code won't let you do that.

After doing more research it seems you can.

If your capital losses exceed your capital gains, the amount of the excess loss that you can claim to lower your income is the lesser of $3,000 ($1,500 if married filing separately) or your total net loss shown on line 21 of Schedule D (Form 1040 or 1040-SR) (PDF). Claim the loss on line 6 of your Form 1040 (PDF) or Form 1040-SR (PDF). If your net capital loss is more than this limit, you can carry the loss forward to later years

https://www.irs.gov/taxtopics/tc409

OK I jumped the gun and assumed you meant you wanted to have a big loss fully offsetting your income.

Your research is correct.

Sorry for the confusion.