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CryptoSlate says a shrinking dollar reserve share doesn’t mean central banks bought Bitcoin

CryptoSlate reported on September 9, 2026, that the dollar’s share of global reserves had fallen from 64% to 56% over the previous decade.

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1 Source, 25d ago, first seen 25d ago

TLDR

Citing New York Fed research, CryptoSlate says reserve growth and portfolio weighting can reduce the dollar’s share of global reserves without central banks cutting their dollar holdings. The outlet cautions against treating a shrinking dollar share as evidence that central banks bought Bitcoin.

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@CryptoSlateThe dollar’s share of global reserves fell from 64% to 56% over the past decade. That does not mean central banks bought Bitcoin. New York Fed research shows reserve growth and portfolio weighting can reduce the dollar’s global share even when central banks do not cut their dollar holdings. https://cryptoslate.com/why-bitcoin-bulls-shouldnt-mistake-a-shrinking-dollar-reserve-share-for-central-bank-buying/25d
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    @CryptoSlateThe dollar’s share of global reserves fell from 64% to 56% over the past decade. That does not mean central banks bought Bitcoin. New York Fed research shows reserve growth and portfolio weighting can reduce the dollar’s global share even when central banks do not cut their dollar holdings. https://cryptoslate.com/why-bitcoin-bulls-shouldnt-mistake-a-shrinking-dollar-reserve-share-for-central-bank-buying/25d
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