Bitcoin Poised to Surpass Gold in Next Bull Run, CZ Predicts
Binance founder Changpeng Zhao predicts that Bitcoin will surpass gold in importance during the next major bull run. Speaking at the Bitcoin Asia 2026 conference, Zhao stated that the gap between the two assets has narrowed enough to make this shift plausible within the coming cycle.
The market capitalization of gold is around $32.4 trillion, roughly ten times larger than Bitcoin's $1.6 trillion. However, CZ believes that this ratio will continue to narrow as more investors treat Bitcoin as a parallel store of value rather than a purely speculative trade.
CZ also discussed the role of artificial intelligence in crypto adoption. He expects AI agents to begin using crypto for payments, starting with stablecoins, and then moving towards Bitcoin. Additionally, he believes that AI could make trading up to ten times more efficient.