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Crypto Macro

CZ: Bitcoin could surpass gold’s market cap next bull run

Binance founder Changpeng Zhao said at Bitcoin Asia that bitcoin could surpass gold’s market cap in the next bull market, with the current gap about 10x. Ricardo Salinas Pliego estimated bitcoin could reach ~$1.86M if it matched gold’s total value. Glassnode data shows bitcoin-gold 90-day correlation rose to ~0.57 from 0.21 in March.

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