Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap
Bitcoin and Gold Split as Central Banks Drive One, Retail the Other - CoinMarketCap
Source: CoinMarketCap
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DW NOTE
Central banks bought 290 tonnes of gold in Q1 alone — the eighth consecutive quarter above 200 tonnes — while Bitcoin flows reverse every time retail sentiment turns. Gold is a reserve asset controlled by institutions with balance sheets denominated in currencies they do not trust. Bitcoin remains a retail momentum trade with no central bank bid.