From Cointelegraph
April 28, 2025 2:00:00 pm:

US Treasury funds saw $19 billion inflows, the highest since March 2023, with the 30-year yield falling by 30 basis points. Foreign central banks reduced US Treasury holdings to 23%, a 22-year low, while gold reserves rose to 18%. Bitcoin’s surge in 2020 from $9,000 to $60,000 hints at a similar outcome in 2025.

Gold’s share of global reserves has reached 18%, a 26-year high, while China doubled its gold reserves to 7.1% since 2023. This trend mirrors a pattern that favors Bitcoin, as seen during the 2020 pandemic. The current environment suggests a trigger for Bitcoin’s next bullish move, with central banks signaling a lack of faith in the US dollar.

Capital Flows noted that macroeconomic liquidity and positioning factors are driving Bitcoin’s bullish price trajectory. Google searches for “Bitcoin” are at long-term lows, indicating institutional adoption fueling demand. This contrasts with historical trends linking Bitcoin search volume to price, suggesting a shift in market dynamics towards institutional investment.

Read more at Cointelegraph: Global central bank gold rush could spark Bitcoin price run to new all-time highs