Deutsche Bank: Bitcoin May Become Key Central Bank Reserve

The global trend of fleeing to safety is expected to fuel further demand for gold as well as bitcoin as key reserves for central banks by 2030.

While gold has already long been considered a safe haven asset, Bitcoin could join the precious metal in achieving such status and become a key reserve amongst central banks by 2030, according to a Deutsche Bank report authored by senior economist Marion Laboure and analyst Camilla Siazon.

«The behavior we saw towards gold in the 20th century has clear parallels with how policymakers are now debating Bitcoin,» the report said.

Continued De-Dollarization

Such major changes concerning central bank allocations are coming at the expense of the US dollar, which saw their share of global reserves fall from 60 percent in 2000 to 41 percent in 2025. However, Deutsche Bank believes the greenback will continue to play a prominent role.

«Neither Bitcoin nor gold will entirely replace the US dollar,» the report added, calling digital assets «complementary» to national currencies within central bank reserve strategy.