Crypto news report · source clearly identified
Binance Founder Says Bitcoin Could Overtake Gold in the Next Bull Run
Changpeng Zhao noted that gold’s market value is roughly ten times that of Bitcoin and that nations may need years to transition to Bitcoin as a store of value.
Binance CEO Changpeng Zhao (CZ) stated that Bitcoin’s price could eventually surpass gold’s valuation in the upcoming market cycle. He highlighted that gold’s total market value is currently about ten times larger than Bitcoin’s market cap.
Scale Gap Between Gold and Bitcoin
According to CZ, the disparity in value means that a significant shift would be required for Bitcoin to match gold’s scale. He described this shift as a multi‑year process for countries that might consider adopting Bitcoin as a reserve asset.
Current Bitcoin Price Context
At the time of the comment, Bitcoin was trading around $80,473, up 3.12% on the day. This price level reflects the ongoing bullish momentum in the cryptocurrency market.
Source & attribution
News Source
- Publisher
- Decrypt
- Original date
- August 27, 2026, 4:17 PM
- Original headline
- Bitcoin Could Overtake Gold in the Next Bull Run: Binance Founder CZ