Dollar’s Decline: Bitcoin and Gold Challenge US Currency Dominance

The U.S. dollar’s grip on the global financial system is weakening as Bitcoin and gold surge in popularity, leading to a significant drop in its reserve share in Q1 2025. Experts like Balaji Srinivasan believe this shift signals a significant transition in the international monetary landscape. Srinivasan highlights how the U.S. dollar’s dominance has dropped to just 42%, its lowest point since the 1990s. This decline, coupled with gold’s growth in global reserves, suggests a substantial change in the global financial order.