
Global central bank gold rush could spark Bitcoin price run to new all-time highs
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%. Bitcoin soared in 2020 from $9,000 to $60,000 amid similar trends, hinting at a similar outcome…