Bybit CEO says Bitcoin is not yet mature digital gold

  • Ben Zhou said Bitcoin remains too volatile for traditional institutions as a store of value.
  • Bitcoin’s market-cap dominance recently surged to 45% amid fluctuating stablecoin demand.
  • Zhou said his long-term view remains that Bitcoin will become digital gold.

Bybit CEO Ben Zhou said Bitcoin remains some way from becoming mature digital gold because its volatility makes traditional financial institutions reluctant to treat it as a reliable store of value. Zhou made the assessment in a Cointelegraph interview at Paris Blockchain Week on April 15, 2026, with the remarks reported by Wu Blockchain on September 20. He said his long-term view remains that Bitcoin will eventually establish itself as digital gold, while stablecoins might be more effective for everyday transactions. The source also said Bitcoin's market-cap dominance recently surged to 45% amid fluctuating demand for stablecoins, a market backdrop traders are watching as they assess Bitcoin's longer-term role.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.