Against this backdrop, it\u2019s not surprising that China appears to be acting early to limit broader fallout, with its U.S Treasury holdings falling to an 18-year low of $686.6 billion in November 2025.<\/p>\n
Source: TradingEconomics<\/p>\n In practical terms, falling Treasury holdings usually point to less dependence on U.S debt, broader diversification into alternative assets, and a \u201cstrategic\u201d effort to reduce exposure to the dollar-driven volatility.<\/p>\n China\u2019s gold reserves<\/a> seemed to reinforce this shift. Gold holdings climbed to a record 2.3k tonnes, moving in lockstep with the sell-off in the U.S Treasuries, underscoring China\u2019s growing role in reshaping the global economic order.<\/p>\n Notably, this move isn\u2019t isolated. Other countries are following suit, fueling a broader \u201cgold rush.\u201d As Kobeissi Letter<\/a> noted, investors added $95 million to the gold ETF, marking the largest single-day inflow since October 2025.<\/p>\n In essence, the gold rally looks like it\u2019s just getting started, strongly backed by China. Hence, the question is \u2013 Where does this leave Bitcoin [BTC]<\/a>, and more broadly, U.S President Donald Trump\u2019s \u201ccrypto capital\u201d dream?<\/p>\n China\u2019s role shifts the Bitcoin and crypto-capital debate<\/p>\n The shift in the global economic order comes at a tough time.\u00a0<\/p>\n With momentum building against the U.S dollar and gold reclaiming its \u201csafe-haven\u201d status, U.S economic stress is showing thanks to rising debt and a \u201cshift\u201d of investor capital towards China\u2019s tech stocks<\/a>.<\/p>\n And yet, the U.S isn\u2019t stepping away from its crypto ambitions. The SEC recently announced a joint meeting with the CFTC to \u201cdeliver on President Trump\u2019s promise\u201d of making the U.S the crypto capital of the world.<\/p>\n Source: X<\/p>\n However, China\u2019s moves are reshaping the global order. On one hand, they are testing Bitcoin\u2019s safe-haven status, as investors flock to gold, silver, and other metals, while U.S. Treasury sell-offs push yields near 5%.<\/p>\n From a technical perspective, BTC is losing momentum<\/a>, still down roughly 30% from its $126k peak. Gold, by contrast, is breaking records, highlighting a clear shift in what investors now see as the go-to \u201chedge.\u201d<\/p>\n What\u2019s more, analysts say this could be just the beginning.<\/p>\n In fact, some are already speculating<\/a> a $7,000\/oz target for gold. In this setup,\u00a0 China is emerging as a major hurdle. Nor just for Bitcoin, but for U.S President Trump\u2019s broader push to lead the global crypto market.<\/p>\n Final Thoughts<\/p>\n China is reshaping the global order, with treasury sell-offs and record gold accumulation challenging Bitcoin and global U.S influence. \t\t\t\t\t\t\t\t\t\t\tPrevious: Dogecoin \u2013 Understanding the impact of whales\u2019 redistribution of 410M DOGE<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n![\"China\"](\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/01\/United_States_US_Treasuries_Held_by_China.png\")
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\nGold has been rallying, with analysts eyeing $7,000\/oz on the charts and highlighting a changing investor preference.<\/p>\n