🏦💎 #BTC Bank of America Announces: Bitcoin is the "Most Profitable Currency" in 2025!
Bank of America has classified Bitcoin as the best-performing currency since the beginning of the year, achieving a YTD return of +18.2%, outperforming major currencies such as the Swedish Krona (+16.4%), Swiss Franc (+14.2%), and Euro (+13.2%), while the US Dollar has lost about 10.1% since January.
📈 Bitcoin's price recently reached over $118,000, gaining momentum as it moves above its 50-day exponential moving average, strongly returning towards an upward trend ().
🚦 The Relative Strength Index (RSI) has reached 73.6, indicating strong buying momentum, despite the possibility of a short-term correction.
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Why is this important? 🤔
• Confirmation from Wall Street: The "currency" classification elevates Bitcoin's status among stores of value.
• Increasing institutional credibility: Support from major financial institutions enhances investor confidence.
• A real economic alternative: Some view it as an effective hedge against inflation and the decline of the dollar.
#bitcoin #Darar_Al-Hudari
