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Former CFTC Chairman: The scarcity of BTC is causing its rapid appreciation

Former CFTC Chairman: The scarcity of BTC is causing its rapid appreciation

Bitget2025/02/16 00:48

ChainCatcher reports, according to Cointelegraph, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), Chris Giancarlo, stated: "The design of Bitcoin has already determined its scarcity. You can never own more than a certain number of Bitcoins. Bitcoin is rapidly appreciating in value."

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