EconomyBitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying
New York Fed research found the dollar’s share of global official foreign-exchange reserves fell from 64% at the end of 2015 to 56% at the end of 2025. The decline may reflect reserve-size changes or concentrated portfolio decisions, not central-bank Bitcoin purchases. A sovereign Bitcoin demand case requires evidence of an allocation, its funding source and executed buys.
Bitcoin bulls shouldn’t mistake a shrinking dollar reserve share for central bank buying
Economy