Bitcoin has long been the cornerstone of the cryptocurrency market, but last week's market plunge has put its dominance under scrutiny. On Friday, the crypto market shed approximately $200 billion in value, with BTC dropping over 15% from its peak that day above $122,000 to its trough around $104,000. This dramatic decline followed President Trump's announcement of potential 100% tariffs on Chinese imports after Beijing imposed further restrictions on rare earth minerals, sparking fears of a renewed trade war. A post on X by The Kobeissi Letter captured the scale: "It's official: Crypto just saw its LARGEST ... (full story)