Hijacking Bitcoin: The Hidden History of BTC you might agree w/ that book.
BTC's still biggest crypto there's, NGU might keep holding.
I think what happened is that market's hunger and lust of pumping an asset found BTC to be the asset to pump a lot to infinity. BTC's nation/jurisdiction independent store of value function got out of control. Turns out there was a financial market need of a digital native finite store of value digital native asset like BTC.
Not that I think it'll happen but BTC can wipe the floor of whole crypto market w/ a couple of protocol updates thnx to it's head start and popularity.