Bitcoin recently reached an all-time high of $118,820, signifying a growing acceptance as a store of value. BlackRock's iShares Bitcoin Trust surpassed $80 billion in assets within just 374 days, outpacing previous records. The trust now holds 706,000 BTC and is the 21st largest ETF in the US. It takes 3,766 hours of work at average wages to afford one Bitcoin. A Bank of America report ranked Bitcoin as the top-performing currency of 2025, and its market capitalization has reached $2.36 trillion, making it the 5th largest asset globally.
Just 19 days ago, Bitcoin was trading around $98,000. Today, it shattered expectations by hitting a new all time high of $118,820, underscoring the accelerating shift toward viewing Bitcoin as both a store of value and a strategic asset.
BlackRock's iShares Bitcoin Trust (IBIT) broke its ETF records last night by surpassing $80 billion in assets under management, doing so in just 374 days. That's nearly five times faster than the previous record held by the Vanguard S&P 500 ETF (VOO), which took 1,814 days to reach the same mark.
According to a new report from Bank of America Global Research, Bitcoin is the top performing currency of 2025, beating out 19 fiat currencies with an 18.2% gain versus the US dollar year-to-date. This puts Bitcoin ahead of traditional strong performers like the Swedish krona, Swiss franc, and Euro.
Bitcoin has also reclaimed its spot among the world's most valuable assets, surpassing Amazon to become the 5th largest by market capitalization. With a total market cap of $2.36 trillion and a price of $118,820.
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