According to Miles Deutscher, Bitcoin (BTC) has become the world's 11th largest currency, highlighting its growing influence in global financial markets. This development may impact trading strategies as BTC continues to solidify its position as a major currency, potentially influencing its volatility and liquidity.

According to Crypto Rover, Swiss National Bank President Martin Schlegel announced the rejection of Bitcoin as a currency, citing its excessive volatility and lack of stable currency characteristics, impacting its potential acceptance in institutional portfolios.