Posted 2/29/2024, 1:17:41 PM
Bitcoin Market Cap Surpasses Russian Ruble, Now World's 14th Largest Currency
- Bitcoin has surpassed the Russian ruble to become the 14th largest currency by market capitalization
- Bitcoin's price has surged this week amid massive Spot ETF inflows, allowing it to compete with global currencies
- Bitcoin is now ahead of currencies like the Mexican Peso, Saudi Royal, Thai Baht, and UAE Dirham
- Bitcoin remains behind the Swiss Franc, Australian Dollar, New Taiwan Dollar, and Brazilian Real on the list
- The upcoming Bitcoin halving event in April is expected to greatly increase Bitcoin's value and price