Summary
- Deutsche Bank analyzed that Bitcoin will become an internationally recognized reserve asset alongside gold within 10 years.
- Bitcoin and gold both, due to scarcity and low correlation with other assets, can be hedges against inflation and geopolitical risks.
- It reported that Bitcoin's volatility has recorded an all-time low, weakening its speculative nature.
Bitcoin (BTC) is expected to become a reserve asset internationally recognized alongside gold within the next 10 years.
On the 22nd (local time), CoinDesk reported that Deutsche Bank analyzed in a report, "Bitcoin will join gold as a reserve asset within the next 10 years."
The report said Bitcoin and gold have scarcity and low correlation with other assets. Accordingly, they can serve as hedges against inflation and geopolitical risks. In particular, it said Bitcoin's volatility is decreasing. The report added, "In August, Bitcoin's 30-day volatility recorded an all-time low," and "its speculative nature is gradually weakening."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
!['Easy money is over' as Trump pick triggers turmoil…Bitcoin tumbles too [Bin Nansa’s Wall Street, No Gaps]](https://media.bloomingbit.io/PROD/news/c5552397-3200-4794-a27b-2fabde64d4e2.webp?w=250)
![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)