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Bitcoin Decrypt

Fed Chair Ponders Potential for Digital Dollar to Send Bitcoin to Zero

Congressman Lynch is worried about a CBDC's impact on crypto. Federal Reserve Chairman Jerome Powell said he wonders why most cryptocurrencies currently have any value at all.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Fed Chair Ponders Potential for Digital Dollar to Send Bitcoin to Zero
Congressman Lynch is worried about a CBDC's impact on crypto. Federal Reserve Chairman Jerome Powell said he wonders why most cryptocurrencies currently have any value at all.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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