CZ "Bitcoin will eventually surpass gold's market capitalization"…predicts "Flip Gold"

Binance founder Changpeng Zhao (CZ) said "Bitcoin will eventually surpass gold," suggesting a long-term 'Flip Gold' possibility. He said, "I don't know the timing, but it's something that will inevitably happen someday," and added, "Save this tweet."

On the 22nd (local time), according to crypto-focused media AMBCrypto, Zhao predicted that Bitcoin has the potential to surpass gold's market capitalization in the long term. Currently, Bitcoin's market capitalization is about $2.21 trillion, still a large gap compared to gold's approximately $30.34 trillion.

Although gold is still considered the world's most valuable asset, Zhao argued that Bitcoin is gradually gaining trust as a store of value and has a high possibility of replacing gold in the long term. He added, "Bitcoin is undervalued and has room to rise to the $130,000–$150,000 range."

Market data shows Bitcoin fell 2.91% in the past 24 hours to trade around $107,848, while gold remains at $4,346 per ounce. Experts analyzed that both assets are perceived as hedges against a decline in the dollar's value (debasement trade).

According to Singapore's 10X Research, due to the spread of 'Bitcoin accumulation-type listed companies (DAT)' this year, Bitcoin's price has risen 18% year-to-date, but after entering a recent correction phase some individual investors have suffered losses amounting to $17 billion.

Market analyst Shanaka Anslem Perera explained, "Given gold's market capitalization of about $29.7 trillion and Bitcoin's circulating supply of about 19.9 million, Bitcoin would need to reach about $1.49 million per coin to 'flip' gold." He added, "Considering Bitcoin's mining structure, global payment speed, and adoption spread, this target is not a mere slogan but a calculable reality."

Within the community, opinions were also raised that "it may be an understatement to say 'it will take time' given that the U.S. government, BlackRock, the Securities and Exchange Commission (SEC), and traditional finance are all adopting cryptocurrencies."

Currently, the Bitcoin-to-gold ratio is 0.03941, up 0.59%, and experts assessed that as gold's rally slows, Bitcoin is expanding its position as a new 'digital safe-haven asset.' Meanwhile, CryptoQuant and Binance data analyzed that recent fear-driven selling in the market is entering a cooling phase, and if the buy ratio (Taker Buy Ratio) recovers above 0.5, the possibility of a short-term rebound may open.