According to online reports, Deutsche Bank of Germany reported on Monday that Bitcoin is expected to become a recognized reserve asset like gold in the next decade, but gold's current leading position in official reserves may continue. The report shows that the US dollar still accounts for 57% of global reserves, but a trend of asset diversification appears. In 2024, China's U.S. debt holdings will decrease by US$57 billion, and major markets will tighten their supervision of cryptocurrencies. Deutsche Bank believes that Bitcoin and gold will coexist as complementary tools to hedge inflation and geopolitical risks due to their scarcity and low correlation with other assets. Gold prices hit a new high of $3763 per ounce on Monday, up more than 40% during the year. Analysts at the bank pointed out that Bitcoin's volatility has long prevented it from becoming a reserve asset, but in August its 30-day volatility hit a record low, but its price exceeded US$123,500, indicating that it may be getting rid of speculation. The bank believes that it is difficult for Bitcoin and gold to replace the US dollar's reserve status, and that their acceptance process will be similar to gold, and regulation, macroeconomic trends and time will pave the way for it.