[Matrixport: Central Banks Continue to Increase Gold Holdings, Possibly Explaining Gold's Strength and Bitcoin's Relative Pressure] According to a report by Jinse Finance, Matrixport released a chart analysis indicating that gold prices have been steadily rising, with the key driver of this round of increases being renewed concerns in the market over the weakening purchasing power of the U.S. dollar. Against the backdrop of Trump once again pushing for tariffs on Europe, the dollar is under pressure, while discussions about foreign central banks potentially reducing U.S. Treasury holdings and reallocating more foreign exchange reserves to gold have noticeably increased. The analysis suggests that gold's relative strength is closely tied to demand support from official sectors. Central banks around the world continue to increase their gold holdings, with the pace of accumulation by the People's Bank of China drawing particular market attention, providing sustained buying support for gold prices. In contrast, Bitcoin is still rarely included in central banks' reserve diversification frameworks at the public disclosure level. For policymakers, gold remains a more mainstream asset that aligns better with the existing reserve management system, whereas Bitcoin has yet to be widely accepted within official foreign reserve frameworks. Matrixport stated that this divergence in asset allocation by central banks may, to some extent, explain the recent strength in gold and the relative weakness of Bitcoin.