According to The Kobeissi Letter, gold's share of global reserves soared to 23% in Q2 2025, marking a 30-year high and doubling over the past six years (source: The Kobeissi Letter, Twitter, June 9, 2025). During the same period, the US Dollar's share of international reserves fell by 10 percentage points to just 44%. This significant shift in reserve allocation highlights growing institutional demand for alternative stores of value, potentially signaling increased interest in cryptocurrencies such as Bitcoin as digital gold. Traders should closely monitor these macro trends, as declining confidence in fiat reserves could drive volatility and growth in the crypto market.