Bitcoin Surges 18.2% Year-to-Date, Bank of America Names Top Currency of 2025

Bank of America has officially recognized Bitcoin as the top-performing currency of 2025, marking a significant milestone in the cryptocurrency's journey towards mainstream acceptance. This recognition comes as Bitcoin's price has surged past $117,000, driven by growing institutional confidence and market validation.

According to Bank of America's report, Bitcoin's performance has outpaced all major fiat currencies, with an impressive 18.2% year-to-date gain. This growth has garnered substantial approval from Wall Street, contributing to a rapid rise in Bitcoin's price and setting a new all-time high. The report, titled "Winners and Losers of 2025," highlights Bitcoin's remarkable performance, which has been particularly notable in recent months, with a steady price increase since early June.

On July 11, 2025, Bitcoin rose 3.8% in one day to $118,667, further solidifying its position as a top-performing asset. This breakthrough has pushed Bitcoin significantly above its 50-day exponential moving average, currently at $106,434, indicating a resumption of the bullish trend. Bitcoin's relative strength index (RSI) has risen to 73.56, entering overbought territory. This reading reflects strong demand but also suggests that the asset could face short-term resistance if buying pressure eases.

Bank of America's recognition of Bitcoin as the leading currency performance-wise for 2025 aligns with institutional trends towards the cryptocurrency. The report emphasizes Bitcoin's strong performance compared to traditional currencies, with its 18.2% gain surpassing the Swedish krona (+16.4%), the Swiss franc (+14.2%), and the euro (+13.2%). In contrast, the US dollar has lost 10.1% since the start of the year, placing it at the bottom among the 14 asset classes listed in the bank's rankings. Analysts attribute this decline to changing expectations for global interest rates and a decrease in demand for dollar assets.

Bitcoin's designation as a leading currency could lead to broader market shifts. With historical data suggesting Bitcoin's volatile nature, experts are analyzing how future institutional actions might shape its price trajectory and market acceptability. The report absent regulatory responses implies that policy impacts might follow. Analysts foresee a potential rise in trading volumes and institutional investments in Bitcoin and related assets.

Michael Saylor, Chairman of MicroStrategy, commented on the recognition, stating that "Bank of America’s ranking cements Bitcoin’s status as the world’s superior form of money." Although there were no statements from Bank of America's leadership on social media, the official research report provided insights into this decision. The report underscores Bitcoin's growing financial credibility, as it continues to gain traction among investors and financial institutions.