Deutsche Bank Predicts Bitcoin to Join Gold as Reserve Asset by 2030

Deutsche Bank predicts Bitcoin may join gold as a recognized reserve asset within the decade, though gold will likely remain dominant in official holdings.
The U.S. dollar currently constitutes 57% of global reserves, but diversification is noticeable with China's U.S. Treasury holdings dropping by $57 billion in 2024.
Bitcoin and gold are seen as complementary hedges against inflation and geopolitical risk due to their scarcity and low correlation with other assets.
Gold reached a record high of $3,763 on Monday, increasing over 40% year-to-date.
Bitcoin's volatility is decreasing, with its 30-day volatility hitting historic lows in August, despite record prices above $123,500, signaling a potential shift from speculative behavior.
Neither Bitcoin nor gold is expected to replace the dollar, as governments aim to preserve monetary sovereignty.
Bitcoin's adoption might mirror gold’s journey from skepticism to widespread acceptance, influenced by regulation, macroeconomic trends, and time.
As investors look for alternatives to traditional assets, Bitcoin could transition from a speculative investment to a key component of the global financial system.