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11/07/25 20:09 UTC-04

Bank of America Names Bitcoin the Most Profitable Currency of 2025

Bank of America (NYSE:BAC) has named Bitcoin the most profitable currency of 2025, having gained 18.2% year-to-date — outperforming all major fiat currencies.

The bank’s new report, titled “Winning and Losing Assets of 2025”, reflects Wall Street’s growing approval, as seen in Bitcoin’s sharp price increase. On Friday, BTC surged past $118,000, setting a new all-time high.

According to Bank of America’s currency ranking, Bitcoin delivered better returns than traditional safe-haven currencies and those of most G10 nations. Its 18.2% gain leads over the Swedish krona (+16.4%), Swiss franc (+14.2%), and euro (+13.2%).

The U.S. dollar, by contrast, has declined by 10.1% since the start of the year, placing it last among the 14 asset classes included in the bank’s report. Analysts attribute the drop to shifting expectations around global interest rates and waning demand for dollar-based assets.

On July 11, 2025, Bitcoin rose 3.8% in a single day, reaching $118,667 amid high trading activity totaling 996 BTC.

Bitcoin Daily Chart for July 11, 2025. Source: TradingView

This breakout pushed Bitcoin well above the 50-day Exponential Moving Average (EMA), currently at $106,434. The surge signals a renewed bullish trend and continues a steady price climb that began in early June. The current price now significantly exceeds the mid-June range around $100,000, indicating strong upward momentum.

Bitcoin’s Relative Strength Index (RSI) rose to 73.56, entering overbought territory. While this indicates strong demand, it also suggests that the asset may face short-term resistance if buyer pressure weakens. The last time RSI was this high was in late May, when BTC's price hovered around $110,000.

#Bank of America, Bitcoin

Editor: Yuliya Soroka
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02/12/25 19:20 UTC-04

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