Deutsche Bank has suggested that Bitcoin could follow gold's trajectory in becoming a significant component of central bank reserves. According to a report, central banks have been increasing their gold reserves, which now constitute nearly 25% of global holdings. The analysis draws parallels between gold's established role as a store of value and Bitcoin's potential to evolve similarly.
Strategist Marion Laboure from Deutsche Bank highlights that both gold and Bitcoin offer low correlation to traditional financial markets, making them attractive for diversification. The report speculates that by the end of the decade, Bitcoin could coexist alongside gold on central bank balance sheets, reflecting its growing acceptance as a digital store of value.
Deutsche Bank Predicts Bitcoin's Potential Role in Central Bank Reserves
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