April 23, 2025
By Anjali Kochhar
China’s recent decision to add five tonnes of gold to its national reserves is making headlines, not just for its impact on traditional markets but also for how it reflects growing global concerns over financial stability. As global economies continue to face inflationary pressure and currency risks, central banks are moving strategically and China is leading the way.
According to data released by the People’s Bank of China, this latest addition brings the country’s total gold holdings to approximately 2,262 tonnes. This marks the 17th consecutive month of gold accumulation by China, signaling its continued push to diversify away from the US dollar and shield itself from global market turbulence. The move is widely viewed as part of a larger de-dollarisation trend, which has gained momentum among emerging economies in recent years.
Interestingly, while traditional safe havens like gold are gaining attention, Bitcoin is also quietly asserting itself. Following a recent price dip that brought Bitcoin down to nearly $61,000, the crypto asset has bounced back, stabilising above the $66,000 mark. Analysts are pointing to Bitcoin’s correlation with macroeconomic trends, including central bank actions, to explain its price resilience.
With China fortifying its gold reserves, market experts are watching closely to see how such moves affect investor sentiment in digital assets. Some believe that Bitcoin is increasingly being perceived as “digital gold,” appealing to investors looking for hedge-like instruments outside the banking system.
Bitcoin’s ability to recover and hold ground amid traditional financial shifts suggests it’s more than just a speculative asset. Its performance is increasingly tied to global financial strategies, especially as countries look to balance fiat exposure with both tangible and digital stores of value.
This evolving dynamic between gold and Bitcoin presents an interesting paradigm: traditional reserve assets are being embraced for safety, while digital ones are gaining traction for their potential and independence. Whether this signals a lasting change in global asset allocation remains to be seen, but the trend is hard to ignore.
About the author
Anjali Kochhar covers cryptocurrency and blockchain stories in India as well as globally. Having been in the field of media and journalism for over four years now, she has developed a sharp news sense and works hard to present information that goes beyond the obvious. She is an avid reader and loves writing on a wide range of subjects.
