Matrixport: Bitcoin is still rarely included in central banks’ reserve diversification strategies at the public disclosure level

Foresight News reported that Matrixport tweeted, "Gold continues to rise. The market generally believes that the key driver of this upward trend is the renewed concern over the weakening purchasing power of the US dollar. After Trump once again pushed for tariffs on Europe, these concerns have intensified, putting pressure on the dollar. Meanwhile, discussions about the possibility of overseas central banks reducing their holdings of US Treasuries and shifting more foreign exchange reserves into gold are gradually increasing. The relative strength of gold is closely related to demand from official sectors. Central banks around the world continue to increase their holdings, especially the People's Bank of China (PBoC), whose accumulation pace is drawing more market attention and providing sustained buying support for gold prices. In contrast, bitcoin still rarely appears in the public disclosures of central bank reserve diversification strategies. For policymakers, gold remains a more mainstream asset and better fits the existing reserve management framework; bitcoin has not yet been widely included in official foreign reserve frameworks. This divergence may to some extent explain the strong performance of gold relative to the weaker performance of bitcoin."