#Crypto Market Rebounds# | A Chinese State Institution Just Praised Bitcoin – What’s Going On?

China’s state-backed financial think tank, the International Monetary Institute (IMI), has released a major report recognizing Bitcoin not just as a speculative asset but as a “strategic reserve asset.”
💡 Key Highlights from the Report:
Due to rising U.S. budget deficits, inflation, and low returns on Treasury bonds, central banks globally are shifting away from traditional reserve assets and exploring alternatives.
Bitcoin’s fixed supply and decentralized structure have caught the attention of institutional investors.
🇳🇴 Norway’s sovereign wealth fund reportedly holds indirect Bitcoin exposure — signaling that Bitcoin is now being viewed as a long-term store of value.
For developing countries struggling with inflation and currency devaluation, Bitcoin may serve as a hedge against fiat instabilit
📌 Disclaimer: This is not investment advice — just a summary of ongoing trends and institutional insights.