MAAAAN, I hate these pay cuts:
It gets harder and harder to stack, eh. Deflation is a bitch.
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.
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, bitcoin now ranks just behind tech giants like Apple, Microsoft, and NVIDIA.
Nice to have an explanation for once: shorts liquidation en mass:
Over the past few days, more than $463 million in Bitcoin short positions have been liquidated, as price gains get even higher. According to data from Coinglass, an additional $1.5 billion in short positions are on the verge of liquidation if Bitcoin hits $120,000.
Also, here's Ansel Lindner really making me laugh today:
I'm already bored with $118. I feel nothing. We need at least 130 to start getting the juices flowing. Eyes will turn at 150k.
100%.