A crystal oscillator and a phase noise reduction method thereof are provided. The crystal oscillator may include a crystal oscillator core circuit, a bias circuit coupled to an output terminal of the crystal oscillator core circuit, a pulse wave buffer coupled to the output terminal of the crystal oscillator core circuit, and a phase noise reduction circuit coupled to the output terminal of the crystal oscillator core circuit. The crystal oscillator core circuit may generate a sinusoidal wave. The bias circuit may provide a bias voltage of the sinusoidal wave. The pulse wave buffer may generate a pulse wave according to the sinusoidal wave. The phase noise reduction circuit may generate a reset signal including at least one reset pulse for resetting the bias voltage. In addition, the reset signal is generated without calibrating the at least one reset pulse to a zero-crossing point of the sinusoidal wave.