Senator Ted Cruz recently reaffirmed his opposition to any form of government interference in cryptocurrency, specifically Bitcoin. He highlights this stance through legislation aimed at preventing the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This has been a consistent focus since 2021 and reflects broader concerns about regulatory overreach in the crypto space. Cruz also believes that figures like Elizabeth Warren pose a threat to Bitcoin’s autonomy. He seeks to encourage innovation within the cryptocurrency sector by opposing regulations seen as stifling for participants. While Bitcoin price dropped slightly on March 30, 2025, reaching $82,429.28, overall market sentiment remains optimistic. Cruz believes that Bitcoin’s decentralized nature is crucial to its success and is a key driver behind his legislative actions.