Bitcoin Poised to Challenge Gold's Market Supremacy

Binance co-founder Changpeng 'CZ' Zhao believes that Bitcoin could overtake gold's market value in the next bull cycle, despite gold's current market cap being around 10 times larger.

Zhao made this prediction on August 27 at Bitcoin Asia 2026 in Hong Kong, where he noted that any shift towards Bitcoin would be gradual due to gold's established valuation, trading, and reserve systems.

He expects stablecoins and AI-assisted trading to play a key role in expanding crypto use before AI-driven payments become widespread.

Zhao also linked wider crypto adoption to artificial intelligence, suggesting that stablecoins will likely be the first digital assets used by AI systems, with Bitcoin following closely behind.