List of Flash News about BRICS gold reserves
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2025-06-11 09:45 |
Gold Hits All-Time Highs as BRICS Increases Gold Reserves and USD Share Drops Below 50%: Crypto Market Implications
According to Balaji (@balajis) on Twitter, gold prices have reached all-time highs while the BRICS nations are significantly increasing their gold reserves, and the share of the US dollar in global reserves has dropped below 50% (source: Twitter, June 11, 2025). This shift in global reserve dynamics may drive increased interest in alternative assets such as Bitcoin (BTC) and Ethereum (ETH), as traders look for hedges against currency devaluation. The movement of capital from fiat currencies into gold and potentially into major cryptocurrencies could lead to heightened volatility and new trading opportunities in the crypto market. |