The cryptocurrency market saw a significant pullback in recent days, with Bitcoin falling by about 5%. Many other assets experienced even steeper declines. As I write this on Monday morning in London, where I am attending a conference, Ethereum fell by 17%, Solana by 8%, and XRP by 18%. The immediate cause of the pullback was concern over a global trade war. Over the weekend, President Trump imposed a 25% tariff on most imports from Canada and Mexico and a 10% tariff on imports from China. Th...