Gold don reach high level wey e never reach before as Central Banks stop to buy US Treasury bonds and Dollar dey weak, e dey affect crypto market.

Global central banks dey ginger one big change for how dem allocate money dem save, dem dey reduce dia holding of US Treasuries to 22-year low of 23% and dey increase gold reserves to 18%, wey be high wey dem no see for 26 years. Dis move come becos US Dollar Index don weak, e don drop almost 10% as trade wahala and global economic kasala dey increase. Gold don do beta pass S&P 500 since 2020, e don climb 109%, because plenty money don enter gold funds and central banks dey buy well well. Inside all dis big big money changes, private investors still dey support demand for US bonds even as official foreign people dem participation don drop. Before before, similar moves wey go tori of comot from dollar and go safe safe assets like gold don dey align with bullish trends for Bitcoin, wey don sharply rally before when gold reserves grow and Treasury inflows shift. But, analysts warn say global recession fit cause move enter more liquid traditional assets, wey go temporarily limit how high cryptocurrencies fit go. The report also say recent crypto price moves na institutions dem lead, not retail investors, wey show say market dynamics dey change. For crypto traders, dis developments signal say risk aversion and portfolio rebalancing don plenty, wey fit benefit digital assets, but ongoing macro risks fit affect market direction.
Bullish
Wey global central banks don start to shift from US Treasuries go gold, dis na big move towards de-dollarization. Dis tin don always connect with how cryptocurrency dey rise, especially Bitcoin. As pipo dey want safe assets more when dollar no strong and di economy no clear, alternative places to keep value like cryptos dey come attractive. Before, when central banks bin dey buy gold and dollar dey comot, Bitcoin bin dey rally well well. But, if global recession fit show face, e fit bring small risks for short time because money fit shift go more liquid assets, wey go cool down immediate rise. Still, di way tins dey go now support say crypto market fit rise, because of di continuous big push comot from traditional government paper go gold and digital assets.