Deutsche Bank: By 2030, Bitcoin will appear on Central Bank balance sheets.

[Deutsche Bank: Bitcoin will appear on Central Bank balance sheets by 2030] Deutsche Bank reported on Monday that Bitcoin is expected to become a recognized reserve asset, similar to gold, within the next decade; however, gold's leading position in official reserves may continue for now. The report shows that the US dollar still accounts for 57% of global reserves, but a trend toward asset diversification is evident, with China's US Treasury Holdings decreasing by $57 billion in 2024, and stricter regulations on Crypto Assets in major markets. Deutsche Bank believes that Bitcoin and gold, due to their scarcity and low correlation with other assets, will coexist as complementary tools for Hedging inflation and geopolitical risks. On Monday, the price of gold reached a new high of $3,763 per ounce, with an increase of over 40% for the year. Analysts at the bank pointed out that the long-term Volatility of Bitcoin has hindered its status as a reserve asset, but in August, its 30-day Volatility reached a historic low, while its price broke through $123,500, indicating that it may be breaking free from speculation. The bank believes that both Bitcoin and gold will struggle to replace the dollar's reserve status, and their acceptance process will be similar to gold, with regulation, macroeconomic trends, and time paving the way for them.