Bitcoin He is on his way to joining gold as a recognized reserve asset within the decade, the German lender Deutsche Bank (DBK) A report on Monday, although the precious metal will probably maintain its leadership in official holdings for now.
The US dollar still represents 57% of global reserves, the report said, but signs of diversification are emerging. The Treasury holdings of the United States of China fell $ 57 billion in 2024, and the impulse for cryptographic regulation is being built in the main markets.
Deutsche Bank argues that Bitcoin and Gold will continue to coexist as complementary hedges against inflation and geopolitical risk, thanks to their shortage and low correlation with other assets.
Gold reached a record of $ 3,763 on Monday. The precious metal has increased more than 40% in the year to date.
Crucially, Bitcoin’s volatility, for a long time, an obstacle to the reserve, is decreasing, bank analysts said. Its 30 -day volatility hit the historical minimums in August, even when prices broke records greater than $ 123,500, suggesting that cryptocurrency may be decoupling its speculative past.
The bank said that neither Bitcoin nor gold will destroy the dollar, since governments will act to protect monetary sovereignty.
Deutsche Bank sees the adoption of Bitcoin after a route similar to gold, moving from skepticism to generalized acceptance, with regulation, macroeconomic trends and time racing the way.
As investors continue to seek alternatives to traditional assets, Bitcoin could evolve from a speculative commitment to a legitimate pillar of the global financial system, according to the report.
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