Updated on June 13, 2025
Gold knocks the euro off the throne.

Gold overtakes the euro as global reserve asset.
For the first time in history, gold is larger than the euro as a global reserve asset. Central banks worldwide now hold more gold than euros, placing the precious metal in second place — behind the US dollar. Rising gold prices and geopolitical uncertainty have made gold attractive again as a safe haven.
This step underscores an important sentiment: trust in fiat currencies is declining. Although central banks are not yet legally allowed to hold bitcoin, many investors are turning to bitcoin for the same reasons as gold: scarcity, independence, and protection against monetary risk. Demand for bitcoin as a digital alternative to gold continues to grow — especially in a world where traditional currencies are under pressure.

Israel carries out airstrike on Iran.
On Friday, Israel carried out airstrikes on Iranian territory, following earlier tensions between the two countries. Markets reacted immediately: bitcoin, ether, equities and commodities dropped.
The volatility reflects investor anxiety about a potential escalation in the Middle East. But it’s worth noting: markets often react sharply to geopolitical events, only to recover soon after. Short-term uncertainty doesn’t necessarily affect long-term strategies.
Hyperliquid rises in derivatives market.
The decentralized exchange Hyperliquid is growing rapidly. Last month, it processed more than $248 billion in trading volume — more than 10% of the volume traded on Binance, the world’s largest exchange for crypto derivatives. Hyperliquid now accounts for over 75% of volume on decentralized derivatives exchanges, compared to just 18% a year ago.
What makes Hyperliquid unique is that the user experience is just as fast and smooth as on centralized exchanges. That may sound simple, but at the blockchain level, it’s revolutionary. Longer transaction times have long been the Achilles’ heel of decentralized platforms. Hyperliquid proves that this barrier can be overcome — and investors are responding enthusiastically: not just with their trading volume, but also with their money. The price of Hyperliquid has risen sharply in recent times.
