Alexandre Pereira

Crypto Market Rebounds: Will Brazil Embrace Regulation

📈 The cryptocurrency market broke US$2 trillion in market capitalization for the first time since 2021.

🪙 Bitcoin (BTC) surpassed $52,000 yesterday (Feb 15), making it a trillion-dollar asset once again.

🤔 My prediction is that Brazil will see a surge in the purchase of cryptocurrency due to the market’s rebound and the lack of a stable fiscal policy set by the government.

📆 It could push regulation in Brazil to move forward, especially after the public hearing that happened last month.

🤞Let’s see what happens in 2024. It seems that the market is rebounding from the FTX scandal.

Exit mobile version