Bitcoin has risen to become the 14th largest currency by market cap, overtaking the Russian ruble.

The digital currency's value has surged due to Spot ETF inflows, marking a significant increase in its market presence.

Bitcoin now competes with major global currencies, having also surpassed the Mexican Peso, Saudi Riyal, Thai Baht, and UAE Dirham.

The upcoming Bitcoin halving event in April is expected to further boost its value and market position.