🚨*China's Strategic Move: Ditching US Treasuries for Gold 🚨*

China has reduced its US Treasury holdings to an 18-year low of $682.6B, while increasing its gold reserves to a record 2,306 tonnes 📈. This move signals a shift away from the US dollar and towards safer assets like gold 💎.

*Why Gold?*

- No sanctions risk 🚫

- Safe-haven asset 🌟

- Structural floor under prices 📊

*Implications:*

- Declining demand for US Treasuries 📉

- Potential support for gold prices 💸

- Validation of the "hard asset" thesis for Bitcoin 🔥

*Market Impact:*

- $PAXG +1.6% 🚀

- $BTC -6.18% (but potential long-term benefits) 🤔

*What's next?*

Will other countries follow China's lead and diversify their assets? 🌎 Stay tuned! 👀

#GoldOnTheRise #StrategyBTCPurchase #China #USTreasuries #Gold #Bitcoin