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 bank's latest report titled “Assets Rising and Falling 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%), Swiss franc (+14.2%), and euro (+13.2%). Meanwhile, the US dollar has dropped 10.1%, ranking last among 14 asset classes tracked by the bank.
Bitcoin's RSI rises sharply, while the US dollar plunges
Bitcoin earned this title after several months of steady growth starting in early June. The price of BTC has risen from the $100,000 range and has not looked back. This digital currency has surpassed the 50-day exponential moving average (EMA), currently at $106,434, and continues to break resistance levels with evident strength.
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 backed 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 in late May, when the price hovered around the $110,000 mark. Since then, the price has continued to climb higher.
The structure on the chart shows higher highs and higher lows, while trading volume increases during the breakout, further enhancing 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 suggest 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 alternatives, and Bitcoin has stepped in to fill that gap.
The bank adds a list of undervalued stocks
In addition to currencies, Bank of America 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 enough price appreciation potential to be grouped among top-performing assets.
Michael Funk, an analyst at the bank, has added AT&T stock back to the watchlist this week. He stated:
“Based on the operational momentum of the business, the strong combination of wireless and fiber assets, along with the targeted capital return plan over the coming years, we believe that T stock should be trading closer to TMUS rather than VZ.”
Michael believes that the company is “fundamentally strong, with a stable subscription-based business model.” AT&T stock has risen 19% this year.
Yasmine Deswandhy, who is responsible for analyzing Bellring Brands, commented:
“We believe that the current stock price is undervalued compared to historical sales growth and the growth potential of BRBR.”
She emphasizes the sustainable strength of the healthy food trend, despite increasing competition.
“In our view, increased competition and recent changes in the retailer's buying team are inevitable in an immature field, while also necessary for the industry to expand from the fringes into the mainstream market.” Although the stock has dropped 23% this year, she considers this brand “built to last.”
Regarding Disney, analyst Jessica Reif Ehrlich wrote: “It currently seems that the Experience segment is keeping pace, at least in line with expectations for fiscal year 2025, thanks to the advantage of a strong new cruise ship chain, which will support results in the years to come.”
According to Jessica, short-term growth may come from the higher-margin streaming services, improved metrics from amusement parks, and a strong film slate sufficient to drive other segments. Disney stock has increased by 8% since the beginning of the year.
According to analysts, Primo Brands was included in the list due to strong consumer trends towards bottled water. The analysis group rated this stock as Buy, stating that the company is benefiting from favorable long-term demand and short-term benefits from effective coordination, which helps boost EBITDA growth.
Finally, Oddity Tech stands out with its technological advantage. Analysts commented:
“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 rate of over 20%, along with expectations for further growth from two new brands expected to launch in 2025 and 2026, aimed at expanding reach to new customers.