Bitcoin Poised to Join Gold in Central Bank Reserves by 2030

Deutsche Bank analysts forecast that Bitcoin could join gold on central bank reserves by 2030. They note gold hit a record $3,703 per ounce in September amid geopolitical tensions and Fed rate outlook. Bitcoin surged past $123,500 in August as 30-day volatility fell to 23%. With the dollar’s share of global reserves down from 60% in 2000 to 43% in 2024, central banks are diversifying into alternative safe havens like Bitcoin. Regulatory clarity from the US, EU and UK is expected to boost Bitcoin liquidity and further reduce volatility. The report concludes that Bitcoin and gold will likely complement each other in reserve portfolios, offering both digital and traditional hedges for central banks.