<ul><li>Gold has surpassed the euro to become the second-largest reserve asset for global central banks, comprising 16% of total reserve assets.</li><li>Central banks have been increasing their gold purchases in recent years, particularly in the East, as a way to hedge against economic uncertainties and geopolitical tensions.</li><li>Meanwhile, the share of the USD as a global reserve asset has dropped to 58%.</li><li>While gold prices have been surging amid the escalating Israel-Iran conflict, Bitcoin's value has fallen by over $4,000 since October 1.</li></ul>

Gold Surpasses Euro as Second-Largest Central Bank Reserve Asset: Is Bitcoin Next to Claim the Throne?

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