[CZ: Bitcoin May Surpass Gold in the Next Bull Market, Current Market Cap Gap Around 10x] Odaily Planet Daily News – Binance founder Changpeng Zhao (CZ) stated at Bitcoin Asia that Bitcoin might surpass gold in the next bull market, with the current market cap gap between the two being approximately 10 times. Ricardo Salinas Pliego estimated that if Bitcoin reaches the total market cap of gold, its price could be around $1.86 million. He noted that if Bitcoin becomes a strategic reserve asset for nations, its importance might exceed that of gold; however, central banks and governments have already established systems for valuing, storing, and managing gold, and transitioning to Bitcoin would take time. Glassnode data shows that the 90-day correlation between Bitcoin and gold has risen from 0.21 in March to approximately 0.57, while its correlation with the Nasdaq 100 Index has dropped from 0.57 to 0.22. Other estimates indicate that Bitcoin's correlation with gold is around 0.59, the highest level since 2020. (Bitcoin.com News)