Numerous inquiries arise: will CBDC eventually replace cryptocurrencies, and how will its advent impact the crypto market's trajectory?

CBDC indeed promises increased convenience for financial institutions and government bodies, though the general populace may not discern significant disparities between central bank digital currencies and conventional non-cash alternatives. The introduction of CBDC is unlikely to exert any direct influence on the cryptocurrency market's evolution, as digital assets shall remain unaffected by its emergence. Cryptocurrency valuations are expected to exhibit no discernible reactions to the presence of CBDC in the monetary landscape.