Deutsche Bank has issued a bullish forecast, predicting that both Bitcoin ( BTC ) and gold will likely appear on central bank balance sheets by 2030 as reserve 0 a new report titled “Gold’s reign, Bitcoin’s rise” , the bank argued that Bitcoin’s declining volatility and rising legitimacy are increasingly making it resemble gold, positioning it as a modern hedge against inflation and geopolitical 1 bank noted that both assets are benefiting from a global trend of central banks diversifying away from the weakening 2 dynamic has pushed Bitcoin to a new record high above $125,000, while gold has rallied nearly 40% year-to-date, approaching the $4,000 3 to Deutsche Bank analysts Marion Laboure and Camilla Siazon, Bitcoin’s trajectory mirrors gold’s historical 4 as gold transitioned from being viewed with skepticism to becoming a cornerstone of financial security, Bitcoin is following a similar 5 fixed supply, growing liquidity, and adoption as a corporate “treasury” asset are accelerating its acceptance.
“A strategic Bitcoin allocation could emerge as a modern cornerstone of financial security, echoing gold’s role in the 20th 6 volatility, liquidity, strategic value and trust, we find that both assets will likely feature on central bank balance sheets by 2030,” the bank 7 of Bitcoin treasuries The bank added that hundreds of companies now hold Bitcoin on their balance sheets, a trend that further supports its safe-haven appeal. Meanwhile, central banks continue to steadily accumulate gold, seeking protection against 8 uncertainty and currency 9 report concluded that both Bitcoin and gold are poised to serve as structural components of global reserves within the next five 10 image via Shutterstock
Story Tags

Latest news and analysis from Finbold