$XAU Update:

XAUUSDT Perp – $4,877.25 ▼9.77%

Banks are starting to reduce their gold holdings. 🧐 With gold approaching a $BTC 38T market cap — nearly twice China’s GDP 🚸 — any significant future gains will demand far more liquidity. Central banks aren’t willing to risk overexposure to such a massive asset. 👀

For context, the global GDP is around $126T. Expecting gold to hit $15,000 implies it would require liquidity exceeding the entire world economy. 👀

Could this push banks toward Bitcoin instead? 🧐

$BTC – 83,886.6 ▼0.45%#USIranStandoff #WhoIsNextFedChair