The global financial architecture is undergoing a profound transformation. According to the World Gold Council’s latest central bank survey, 74% of central banks expect the US dollar’s share of global reserves to decline over the next five years. Even more striking, 83% believe that gold’s share of their national reserves will continue to rise. These figures represent one of the clearest signals yet that de-dollarization is not merely a theoretical discussion among policymakers—it is an accelerating, structural trend that is reshaping the foundations of the international monetary system. For the cryptocurrency market, this raises a critical question: will the erosion of dollar dominance create a tailwind for digital assets like Bitcoin, or will it unleash a new wave of volatility that threatens risk assets across the board? The answer, as is often the case with seismic economic shifts, is nuanced. In the short term, crypto may face turbulence as global liquidity conditions adjust...