
European Central Bank Chooses Gold Over Bitcoin for Strategic Reserves
Contrasting approaches emerge as US states push for Bitcoin reserves while ECB increases gold holdings to 35% of total foreign reserves. Bitcoin’s consolidation between $106k-$91.7k coincides with gold’s new ATH of $2,798, fueling store-of-value debate among institutions. The ECB maintains a conservative stance on crypto, despite El Salvador’s successful Bitcoin adoption model and growing international…