#2026年比特币行情展望 The Book Value of U.S. Gold Reserves May Face Significant Adjustment — What Does This Mean?

Recently, a topic concerning the global financial system has resurfaced: the possibility that the U.S. may revalue the book value of its gold reserves. This is not just an accounting adjustment; it reflects a deeper consideration of the fiat currency credit system.

The current situation is quite striking. Officially, the gold price remains at $42 per ounce (a price set in the 1940s); however, the actual market price has already soared to $4,400 per ounce. What does this huge valuation gap imply? If the revaluation is implemented, the U.S. will theoretically release over $1 trillion in hidden assets on its books.

How might this impact the market? We can see several potential chain reactions:

**Liquidity Tsunami**
This level of asset revaluation is equivalent to injecting new liquidity, possibly exceeding previous rounds of quantitative easing. Global asset prices could face re-pricing, with high-risk, highly liquid asset classes—such as cryptocurrencies—often becoming the primary recipients of this liquidity. $BTC and $ETH , as mainstream crypto assets, are naturally attractive in this scenario.

**Reallocation of International Reserve Assets**
Once the U.S. government recognizes the true value of gold, the asset allocation strategies of central banks worldwide will also adjust accordingly. Historical data shows that whenever gold prices break through key thresholds, some traditional investors shift toward alternative assets, with cryptocurrencies often benefiting. In a similar cycle, such assets have experienced gains of up to 18 times.

**Return of the Hard Asset Era**
This adjustment fundamentally reflects a market reassessment of fiat currency creditworthiness. As the real purchasing power of intangible assets (fiat money) continues to erode, tangible assets and digital assets become more prominent. Gold is an example, and cryptocurrencies are no exception.

**Data Projection**
If gold eventually reaches $5,000, based on historical correlations, Bitcoin’s price target could be revalued to the $180,000–$220,000 range. Silver and mining stocks may also see valuation corrections. $SOL and $ETH , as liquid assets with advantages in liquidity, will likely be the biggest beneficiaries of the spillover from traditional financial liquidity.

**Final Thoughts**
Behind this revaluation lies a profound questioning of the entire global financial system. It reminds us that the era of hard assets is making a comprehensive return. In this context, asset allocation strategies need to be re-examined. Whether you are optimistic about gold, Bitcoin, Ethereum, or other scarce assets, this is a moment worth deep reflection.