Bitcoin Surges 18.2% Year-to-Date, Outpaces Major Fiat Currencies

Bank of America has ranked Bitcoin as the best-performing currency of 2025, with its 18.2% year-to-date gain outpacing every major fiat currency. This recognition comes as Bitcoin’s price is surging, breaking past $117,000 on Friday to set a new all-time high.

Bank of America’s FX ranking table shows Bitcoin has delivered stronger returns than both traditional safe-haven currencies and the currencies of most G10 nations. Its 18.2% gain places it firmly above the Swedish krona (+16.4%), the Swiss franc (+14.2%), and the euro (+13.2%). The U.S. dollar, by contrast, recorded a 10.1% loss year-to-date, placing it last among the 14 listed asset classes in BofA’s ranking. Analysts attribute this decline to changing global interest rate expectations and reduced demand for dollar-denominated assets.

On July 11, 2025, Bitcoin surged by 1.68% in a single day, adding $1,948 and closing at $117,979. This move came with strong volume activity. The breakout took Bitcoin well above its 50-day exponential moving average, which now sits at $106,434. This upward move signals renewed bullish strength and follows a period of steady price gains since early June. The current price stands far above the mid-June range near $100,000, suggesting increased momentum.

Bitcoin’s relative strength index (RSI) climbed to 73.56, entering overbought territory. This reading reflects strong demand but also indicates the asset may face short-term resistance if buying pressure cools. The RSI has not been this high since late May, when the price stalled near $110,000. Bitcoin now trades at its highest level. The chart shows a clear upward trend, with consistent higher highs and higher lows. Market structure remains bullish, and the breakout came with rising volume, confirming strength behind the move.

Bank of America's recognition of Bitcoin as the top-performing currency of 2025 underscores its growing institutional acceptance and its potential as a store of value in an increasingly digital world. This milestone highlights Bitcoin's consistent outperformance of traditional currencies in recent years. The bank's research underscores Bitcoin's growing institutional acceptance and its potential as a store of value in an increasingly digital world. Bitcoin's price has surged to an all-time high, exceeding $118,000, driven by substantial inflows into spot Bitcoin ETFs. This surge has been fueled by renewed optimism around regulatory clarity and the growing acceptance of digital assets by mainstream investors. The rally in Bitcoin's price marks a nearly 26% gain for the year, reflecting the cryptocurrency's resilience and its ability to attract investment despite macroeconomic volatility. The bank's recognition of Bitcoin as the best-performing currency of 2025 is a testament to its growing credibility and its potential to disrupt traditional financial systems. As more institutions and investors embrace Bitcoin, its role as a leading digital asset is likely to become even more pronounced.