You should have done a little explanation so that your readers will get a clearer picture of what to intend to explain. Some countries have issued Central Bank Digital Currency (CBDC) and it did not affect the price of Bitcoin. The most dominant country in the crypto industry is the US and they have not issued any dollar-backed CBDC. The Federal Reserve made it clear on its website that they are still engaging in research to identify potential benefits and risks of CBDCs from a variety of angles. And the government agencies don't have any timeline for the issuance of CBDC.

Bitcoin and CBDC are different currencies, therefore they are not competitors. CBDC is just a fiat currency that uses the blockchain, so its issuance will not affect the price of Bitcoin.