CFTC Chairman Michael Selig used a Fox Business appearance to say the Trump administration will not allow a U.S. central bank digital currency, framing the position as part of a broader digital-asset agenda built around federal crypto rules, private-sector innovation, and regulated market oversight.

Bitcoin’s latest rebound is not being tested by price alone. On-chain and derivatives data show a mixed setup: leverage has started to cool, but funding remains elevated and a growing share of exchange inflows appears to be coming from holders moving BTC under stress.

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