Bitcoin News Today: Central Banks Redefine Reserves with Bitcoin and Gold by 2030

Deutsche Bank AG has predicted that central banks may include both Bitcoin and gold in their reserve portfolios by 2030, driven by a weakening U.S. dollar, rising geopolitical tensions, and evolving market dynamics. The German bank's analysts, Marion Laboure and Camilla Siazon, argue that Bitcoin's growing maturity-marked by reduced volatility and deep liquidity-positions it as a viable complement to gold, a traditional safe-haven asset. They draw parallels between the two assets, noting their scarcity, low correlation to other financial instruments, and role as hedges against inflation and currency devaluation Central Banks Seen Holding Bitcoin, Gold as Key Reserves by 2030 – Deutsche Bank^[1].

Gold, which has surged to over $4,000 per ounce, has seen renewed demand from central banks, particularly in emerging markets, as a diversification tool against dollar dominance. Global central bank gold reserves now exceed 35,200 tonnes, with countries like China, Turkey, and Poland actively expanding holdings. The dollar's share of global reserves has declined from 60% in 2000 to 41% in 2025, accelerating inflows into gold and Bitcoin ETFs. In June 2025 alone, gold and Bitcoin ETFs recorded net inflows of $5 billion and $4.7 billion, respectively Deutsche Bank Predicts Central Banks Will Hold Bitcoin and Gold as Core Reserves by 2030^[2].

Bitcoin's trajectory mirrors gold's, with its price reaching record highs above $125,000 in October 2025. The cryptocurrency's 30-day volatility has fallen to historic lows, a factor Deutsche Bank attributes to its maturing market structure and institutional adoption. Over 6.45% of the global Bitcoin supply is now held in U.S. spot ETFs, valued at over $165 billion, reflecting a shift from speculative trading to strategic allocation Bitcoin to Join Gold on Central Bank Reserve Balance Sheets by 2030: Deutsche Bank^[3]. The bank emphasizes that Bitcoin's programmability and portability-its ability to be transferred instantly and securely-offer advantages over gold, particularly in times of geopolitical instability Deutsche Bank Predicts Bitcoin Will Join Gold in Central Bank Reserves^[4].

However, challenges remain. Critics, including JPMorgan analysts, argue that stablecoins-digital assets pegged to fiat currencies-could reinvigorate demand for the dollar by 2027, potentially undermining the case for Bitcoin as a reserve asset. Additionally, Bitcoin's lack of intrinsic value and regulatory uncertainties persist as barriers to widespread adoption. Deutsche Bank acknowledges these concerns but notes that central banks are likely to view Bitcoin as a complementary, rather than replacement, asset to gold and traditional reserves Bitcoin Reserves Reshape Central Bank Diversification and Policy^[5].

The bank's analysis highlights a broader trend of de-dollarization, with central banks seeking to reduce reliance on U.S. currency amid geopolitical risks and sanctions. Emerging markets, in particular, are prioritizing gold and digital assets to hedge against dollar volatility. Deutsche Bank forecasts that by 2030, Bitcoin and gold will coexist in central bank portfolios, offering diversified protection against macroeconomic shocks. While neither asset is expected to displace the dollar, their combined role in reserve strategy reflects a growing recognition of their strategic value in an increasingly fragmented global financial landscape Deutsche Bank Analysts See Bitcoin Emerging as a Central Bank Reserve by 2030^[6].