According to The Kobeissi Letter, global central banks collectively acquired a net 12 tonnes of gold in April 2025, following 17 tonnes in March. This marks the 23rd consecutive month of net gold accumulation, led by the National Bank of Poland, the Czech National Bank, the People's Bank of China, and the Central Bank of Turkey (source: The Kobeissi Letter, June 5, 2025). For crypto traders, sustained central bank gold buying signals persistent hedging against fiat currency volatility and inflation, which often correlates with increased demand for decentralized assets like Bitcoin. This ongoing institutional shift could support a bullish narrative for both gold and top cryptocurrencies as alternative stores of value.