Global Central Bank Reserves 🏦
The central bank reserves were a two horse race, gold as the timeless hedge and U.S. dollars as the global liquidity anchor. The chart shows how that balance has evolved gold’s dominance fading, the dollar rising, and now a new variable entering the conversation.
He is a digital gold! Bitcoin’s presence is still small, but it is no longer theoretical concept. The Czech National Bank’s $1M BTC purchase may be small in size, but it reflects early diversification into a digitally native, supply-capped asset that changing global financial dynamics.
History shows reserves don’t change overnight, but when they do, the trend compounds over time.
Gold preserved value, the dollar ruled liquidity, Bitcoin is positioning for the next chapter! 🫰
Source: Tavi Costa, Crescat Capital & Chart By River.
