IMF Q2 2025 COFER Data Weakens Dedollarization Narratives Cited as Bullish Catalysts for Bitcoin

The US dollar’s global reserve share dropped to 56. 32% in Q2 2025, but 92% of that decline was driven by exchange-rate effects, not central bank portfolio changes. Currency adjustments show a marginal decline to just 57. 67%, indicating central banks largely maintained their USD holdings source: https://beincrypto.com/imf-q2-2025-usd-reserve-share/