Binance co-founder Changpeng 'CZ' Zhao says bitcoin could surpass gold in next bull market

What happened

Binance co-founder Changpeng 'CZ' Zhao spoke at Bitcoin Asia 2026, stating that bitcoin could surpass gold in value during the next bull market, and that stablecoins would lead artificial intelligence integration.

Confirmed

Global impact / market context

If bitcoin's value exceeds gold's, it could attract more investors seeking a store of value, potentially raising demand for bitcoin and related digital assets. Stablecoins, which are digital currencies pegged to stable assets, may become key tools for AI payment systems.

Analyst inference

Bitcoin is often compared to gold as a hedge against inflation. A prediction from a major industry figure like Zhao could influence trader expectations, possibly affecting bitcoin's price movement and investor positioning ahead of a potential bull market.

Analyst inference

What to watch

1. Watch whether bitcoin's price approaches gold's market value during the next bull market, as Zhao specifically predicted this outcome at the conference. Confirmed
2. Monitor stablecoin adoption in AI applications, since Zhao said stablecoins would lead AI integration, which could drive new use cases and demand. Proposed
3. Observe investor sentiment toward bitcoin as a gold alternative, because Zhao's statement may encourage comparisons and shift portfolio allocations toward digital assets. Analyst inference

Affected assets

• BTC — Bitcoin

Evidence

• theblock.co