CZ: Bitcoin Will Surpass Gold's Market Cap in the Next Bull Run

Odaily Planet Daily News Coinbase CEO Brian Armstrong said in August 2025 that Bitcoin could reach $1 million by 2030; a year later, after the price dropped about 30%, he revised his forecast down to $300,000-$400,000.

Former Binance CEO Changpeng Zhao (CZ) said in October 2025 that Bitcoin would surpass gold, but did not provide a timeline. This week, after Bitcoin rose 27% in two weeks, he stated that Bitcoin will surpass gold's market cap in the next bull run and added that the $1 million target will be achieved earlier than 2025.

CZ said in November 2022, when Bitcoin was near $16,000, that it was not dead, and in 2023 he predicted a bull market in 2025; his 2026 supercycle judgment was later not realized. Armstrong said this month that there is a strong possibility Bitcoin will reach $100,000 by the end of this year. (Bitcoin.com News)