Bitcoin & Gold: The New Central Bank BFFs? 🚀💰

Markets

What to know:

  • Deutsche Bank, that paragon of financial wisdom, suggests bitcoin might one day grace central bank balance sheets by 2030-though gold will likely remain the belle of the ball. 🏆
  • Bitcoin’s 30-day volatility hit historic lows, proving that even crypto can grow up and stop being a rascal. 🧠
  • Neither bitcoin nor gold will unseat the dollar, because governments are as stubborn as a mule in a hurricane. ⚖️

Bitcoin is on track to join gold as a recognized reserve asset within the decade, according to Deutsche Bank, which is as reliable as a teacup in a storm. 🌪️

The U.S. dollar still holds 57% of global reserves, but diversification is the new black. China’s U.S. Treasury holdings fell $57 billion in 2024-perhaps they’ve finally realized the dollar is a fickle lover. 💔

Deutsche Bank argues that bitcoin and gold will coexist as complementary hedges, because nothing says “I’m serious” like a 40% rise in gold prices and a cryptocurrency that’s finally stopped crashing. 🚀

Gold hit a record high of $3,763 on Monday. The precious metal has risen over 40% year-to-date-proof that even metals can have a moment. 🎉

Crucially, bitcoin’s volatility, long an obstacle to reserve status, is dropping. Its 30-day volatility hit historic lows in August, even as prices broke records above $123,500-though I’m still not convinced it’s not plotting a coup. 🕵️‍♂️

The bank said neither bitcoin nor gold is likely to dethrone the dollar, as governments will act to protect monetary sovereignty. Because nothing says “freedom” like a central bank with a stranglehold on your savings. 💸

Deutsche Bank sees bitcoin’s adoption following a path similar to gold’s, moving from skepticism to widespread acceptance, with regulation, macroeconomic trends, and time paving the way. Or, as I like to call it, “the slow march of inevitability.” 🕰️

As investors continue seeking alternatives to traditional assets, bitcoin could evolve from a speculative bet into a legitimate pillar of the global financial system, the report said. Or it could just crash again. We’ll see. 🤷‍♂️

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2025-09-22 17:32