The Chinese central bank is doing two things:

- getting out of US bonds

- buying more gold.

this shows a clear strategy by China to reduce its reliance on the US dollar over time.

but for now China is not yet investing in Bitcoin.

this does not mean that everyone is selling US bonds. Europe is buying enough US bonds to offset China's selling.

the US dollar's status as the world's reserve currency is not in jeopardy at this point.

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