Loading Search...
Deutsche Bank now sees Bitcoin joining gold on central bank balance sheets within the next five years according to its new report.
Author: Sahil Thakur
8th October 2025 – Deutsche Bank now sees Bitcoin joining gold on central bank balance sheets within the next five years. In a new report titled Gold’s reign, Bitcoin’s rise, the bank says this shift is driven by a weakening dollar, rising geopolitical risks, and changing views on safe-haven assets.
Bitcoin has surged past $123,500 in August and touched $125,000 in October. Deutsche Bank calls 2025 a “record-breaking year” for the asset. As its price rises, its volatility has fallen to historic lows.
This reduction in volatility is key. It brings Bitcoin closer to gold’s behavior, making it more attractive to institutions looking for low-correlation reserve assets.
Loading chart...
Gold has also seen a breakout year. It’s up roughly 50% year-to-date and sits just under $4,000 per ounce. Goldman Sachs expects it to rise further, possibly hitting $4,900 by the end of 2026.
Demand is being driven by emerging market central banks diversifying away from the U.S. dollar.
Deutsche Bank analysts Marion Laboure and Camilla Siazon argue Bitcoin could become a “modern cornerstone of financial security.” They cite liquidity, trust, and strategic value as key factors behind this shift.
The bank believes Bitcoin and gold will both play a “structural role” in global reserves by 2030.
Companies are also adding Bitcoin to their balance sheets. MicroStrategy and others have paved the way for a new trend in corporate finance. This helps normalize Bitcoin as a treasury asset and may influence governments.
Critics point out that Bitcoin doesn’t produce income or represent a claim on any asset. It’s just code. But the bank says its improving stability and institutional appeal may override these concerns.
Interestingly, these developments are happening as stock markets remain bullish. The S&P 500 hit new highs this week. Deutsche Bank calls the current environment “weird” – with investors rushing into both risky stocks and safe-haven assets.
If Bitcoin’s behavior continues to mirror gold and volatility remains low, central banks may adopt it. Deutsche Bank expects this transition to play out over the next five years.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
