Bitcoin as a cryptocurrency has changed world recognition, and currently occupies the 14th position/rank in the ranks of the most valuable currencies in the world. Increased confidence and global acceptance of Bitcoin as a reflection of growth even though volatility is still very high today. This ranking is grouped based on M1 supply or the amount of money in circulation which includes coins and paper money and is considered the most liquid. Bitcoin was able to occupy 14th position below Switzerland and above India.
