Global central bank gold rush could spark Bitcoin price run to new all-time highs

New Bitcoin price highs could be driven by activity in US Treasurys and central banks boosting exposure to gold.

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%.

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