Bitcoin to Overtake Gold in Market Cap, Predicts Binance Founder

Binance founder CZ believes that Bitcoin has the potential to surpass gold in market capitalization during the next bull market.

CZ pointed out that while gold's market cap is currently around $32 trillion, Bitcoin's sits at approximately $1.5 trillion, a gap of about 10 times larger.

However, CZ argued that this gap could narrow in the near future as attitudes toward reserve assets change and governments adopt BTC as a reserve currency.

CZ also forecasted that Bitcoin's price could reach $1 million per coin, a target he believes is inevitable but could happen sooner than some predict.