🚨 THE DOLLAR'S SHARE IN GLOBAL RESERVES HAS FALLEN BELOW 45%
Check this out because it's an important structural trend 👀 hit the yellow rectangle for more
According to #Bloomberg Intelligence, the dollar's share in global foreign exchange reserves has already dropped below 45% and has seen a decline of over 15 points since 2020
For the first time in history, central banks' gold reserves exceed the value of adjusted dollar reserves
Central banks are offloading Treasuries and stacking up on gold at a strong pace
🧠 This reflects a gradual dedollarization and a clear search for alternatives to the dollar
#bitcoin is directly benefiting from this trend as the hardest, scarce asset outside the control of any government or central bank
Do you think this decline in the dominance of #dolar will continue to accelerate and further benefit Bitcoin in the coming years?
Let me know what you think below 👇
Check this out because it's an important structural trend 👀 hit the yellow rectangle for more
According to #Bloomberg Intelligence, the dollar's share in global foreign exchange reserves has already dropped below 45% and has seen a decline of over 15 points since 2020
For the first time in history, central banks' gold reserves exceed the value of adjusted dollar reserves
Central banks are offloading Treasuries and stacking up on gold at a strong pace
🧠 This reflects a gradual dedollarization and a clear search for alternatives to the dollar
#bitcoin is directly benefiting from this trend as the hardest, scarce asset outside the control of any government or central bank
Do you think this decline in the dominance of #dolar will continue to accelerate and further benefit Bitcoin in the coming years?
Let me know what you think below 👇