Bitcoin

This election is unfolding as global markets grapple with a strong dollar, elevated BTC dominance (high, per signals), and a 'greedy' macro backdrop (Fear & Greed: 70). Brazil has been a hotbed of crypto adoption, and policy shifts on taxation, central bank digital currency (CBDC), and capital controls could alter the pace of institutional and retail crypto engagement in the region.

Brazil's presidential election will be decided in a runoff between Lula and Bolsonaro after no candidate won a majority in the first round.