## China Eyes Crypto and Gold Amidst Geopolitical Shifts BlackRock's Jay Jacobs predicts China will likely decrease its holdings of US Treasury bonds, opting instead for increased investments in gold and cryptocurrency. This strategic shift is driven by growing geopolitical tensions and global uncertainty. Jacobs highlighted a trend of central banks globally reducing reliance on dollar-based reserves, favoring assets like gold and Bitcoin. This movement, ongoing for several years, has been accelerated by recent geopolitical conflicts, such as the Russia-Ukraine war, prompting a search for alternative stores of value. China's reconsideration of its dollar-centric reserve strategy reflects a broader trend of nations seeking diversification and security in their financial assets. This forecast suggests a potential impact on both the cryptocurrency and gold markets as China's investment strategies evolve. ```

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