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Global central bank gold rush could spark Bitcoin price run to new all-time highs

cryptoweekly by cryptoweekly
April 28, 2025
in bitcoin, News
0

New Bitcoin price highs could be driven by activity in US Treasurys and central banks boosting exposure to gold.

Key takeaways:

US Treasury funds saw $19 billion inflows, the highest since March 2023, as the 30-year yield fell 30 basis points.

Foreign central banks cut US Treasury holdings to 23%, a 22-year low, as gold reserves hit 18%.

Read more

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Recent Posts
  • Hive Digital accelerates AI pivot with $100M HPC expansion — Cointelegraph exclusive
  • Judge allows testimony on ‘feasible’ Tornado Cash code changes
  • Crypto ATMs seized in the UK amid growing scrutiny of kiosk-based exchanges
  • Polymarket set to reenter US with $112M acquisition of QCEX derivatives exchange
  • StablecoinX to go public via SPAC merger, raising $360M for ENA treasury
  • StablecoinX to go public via SPAC merger, raising $360M for ENA treasury
  • FTX seeks time to respond as creditors fight freeze on $470M foreign claims

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