Bitcoin News Today: Central Banks Diversify Reserves with Bitcoin and Gold to Hedge Dollar Risks

Deutsche Bank analysts predict that Bitcoin could join gold on central bank balance sheets by 2030, citing parallels in their roles as safe-haven assets and declining volatility. The bank's report, authored by Marion Laboure and Camilla Siazon, highlights that both assets have seen record price surges and are increasingly viewed as strategic diversifiers in a de-dollarizing world. Gold prices, currently near $4,000 per troy ounce, have risen over 50% in 2025-the fastest annual gain since 1979-while Bitcoin recently hit a record $125,000 before stabilizing around $123,800 Central banks will end up holding Bitcoin in their …^[1].

The analysts argue that Bitcoin's fixed supply of 21 million units and its low correlation with traditional assets mirror gold's characteristics. Central banks, historically large holders of gold, are diversifying away from U.S. dollars amid geopolitical tensions and inflation risks. The dollar's share in global reserves has fallen from 60% in 2000 to 41% in 2025, with emerging market central banks driving demand for gold and Bitcoin as hedges Gold Rally Tests Bitcoin as Central Banks Diversify Reserves^[2]. Deutsche Bank notes that Bitcoin's volatility has dropped to historic lows, making it more palatable for long-term reserves despite its lack of underlying assets Central Banks Seen Holding Bitcoin, Gold as Key Reserves by 2030 …^[3].

Corporate adoption of Bitcoin is accelerating, with over 180 firms now holding the cryptocurrency as a treasury asset. Companies like MicroStrategy and Michael Saylor's Strategy exemplify this trend, reinforcing Bitcoin's legitimacy as a store of value. Gold-backed ETFs and Bitcoin ETFs have also seen record inflows, with June 2025 data showing $5 billion and $4.7 billion in net flows, respectively Gold & BTC Surge as Global Debt Fear Grows - Analytics Insight^[4].

While challenges remain, including regulatory uncertainties and Bitcoin's nascent infrastructure, the bank emphasizes that neither asset is expected to replace the dollar entirely. Instead, they could serve as complementary components of reserve portfolios, balancing liquidity, strategic value, and inflation protection. Goldman Sachs has raised its gold price target to $4,900, citing sustained demand from central banks, while Deutsche Bank analysts project gold could hit $4,900 by December 2026 Central Banks Now Hold More Gold Than U.S. Treasuries^[5].

The current market paradox-rising stock indices like the S&P 500 hitting record highs alongside surging safe-haven demand-underscores the shift in investor sentiment. Central banks and institutions are increasingly prioritizing assets uncorrelated to fiat currencies, with Bitcoin's portability and cryptographic security adding to its appeal Bitcoin Becomes a “Cornerstone of Financial Security,” …^[6].