Bank of America: Bitcoin is the best performing currency of 2025

Bitcoin has surpassed the $118,000 mark and now Bank of America officially declares it the best-performing currency of 2025.

This information comes from the latest report of the bank titled "Assets that Increase and Decrease in 2025", which ranks Bitcoin at the top, surpassing all existing fiat currencies.

According to the report, Bitcoin has risen 18.2% since the beginning of the year, surpassing many other major currencies such as the Swedish krona (+16.4%), the Swiss franc (+14.2%), and the euro (+13.2%). Meanwhile, the US dollar decreased by 10.1%, ranking last among the 14 asset types monitored by the bank.

Bitcoin's RSI rises high, US dollar plunges

Bitcoin has been awarded this title after several months of steady growth starting from the beginning of June. The price of BTC has risen from the $100,000 range and has not looked back. This digital currency has surpassed the (EMA) 50-day exponential moving average, currently at $106,434, and is continuously breaking resistance levels with notable strength.

The trading volume also surged at the same time, confirming what chart watchers have clearly seen: this is not a weak recovery, but a strong trend supported by real momentum.

Bank of America also noted that the relative strength index (RSI) of Bitcoin has risen to 73.56 – a signal indicating that the market is in an overbought condition. The last time the RSI reached this level was at the end of May, when the price hovered around the $110,000 mark. Since then, the price has continued to climb higher.

Source: Bank of AmericaThe structure on the chart shows higher highs and higher lows, while the trading volume increases during the breakout, further adding to the reliability of this trend. Currently, Bitcoin is at the peak of its historical range.

As Bitcoin increasingly attracts attention, traditional currencies are struggling. Analysts at the bank believe that the decline of the US dollar stems from weak demand for dollar-based assets and growing skepticism about the direction of global interest rates under the current administration. Therefore, investors are looking for alternative options, and Bitcoin has stepped in to fill that gap.

The bank supplements the list of stocks that are undervalued

In addition to currencies, Bank of America has also pointed out several stocks that are rated as buy with growth potential. This list includes Disney, Oddity Tech, Bellring Brands, AT&T, and Primo Brands. According to analysts, these companies have sufficient price appreciation potential to be ranked among the top-performing asset classes.

Michael Funk, an analyst at the bank, has added AT&T stock back to the watchlist this week. He stated:

"Based on the operational dynamics of the business, the strong combination of wireless and fiber assets, along with the target capital return plan over the coming years, we believe that stock T should trade closer to TMUS rather than VZ."

Michael believes that the company "is fundamentally strong, with a stable subscription-based business model." AT&T's stock has increased by 19% this year.

Yasmine Deswandhy, the person in charge of analyzing Bellring Brands, commented:

"We believe that the current stock price is undervalued compared to the historical revenue growth and growth potential of BRBR."

She emphasized the sustainable strength of the healthy food trend, despite the increasing competition.

"In our view, increased competition and the recent changes in the retailer's purchasing team are inevitable in a still young field, and necessary for the industry to expand from the periphery into the mainstream market." Although the stock has fallen 23% this year, she assesses that this brand is "built to last."

Regarding Disney, analyst Jessica Reif Ehrlich wrote: "It currently appears that the Experiences segment is on track, at least in line with expectations for fiscal 2025, thanks to the advantage from a robust new cruise line, which will support results in the coming years."

According to Jessica, short-term growth could come from the higher-margin streaming service segment, improved metrics from amusement parks, and a strong film slate sufficient to drive other segments. Disney's stock has risen 8% since the beginning of the year.

According to analysts, Primo Brands was added to the list due to strong consumer trends towards bottled water. The analysis team rated the stock as Buy, stating that the company is benefiting from favorable long-term demand and short-term benefits from effective coordination, which helps increase EBITDA.

Finally, Oddity Tech stands out with its technological advantages. Analysts comment:

"We see an opportunity for ODD to leverage advanced technology capabilities to gain market share from traditional competitors."

The report also mentions an annual sales growth of over 20%, along with expectations for further growth from two new brands expected to launch in 2025 and 2026, aimed at expanding the reach to new customers.

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