Interest rates remain unchanged, and hot money is secretly targeting the crypto market!
Attention, folks! Just now, a significant signal came from the international financial market—The Brazilian central bank is likely to 'lie flat'! According to the latest Reuters survey (freshly released in June): Among 39 top economists, 27 firmly believe that the Brazilian central bank absolutely does not dare to move interest rates on June 18! (Maintaining the crazy high rate of 14.75%)
The remaining 12 bet on a 25 basis point hike (to 15%), but they have become the 'minority'!
What does this have to do with our crypto circle? It matters a lot!
Listen to the tycoon break it down for you—With Brazilian interest rates 'lying flat', could Bitcoin really be 'fragrant'?
Is the Brazilian real about to collapse?
Brazil maintains one of the highest interest rates in the world (14.75%!), originally to stubbornly fight inflation and stabilize the domestic currency, the real. But if now it suddenly 'dare not raise rates' or even might lower rates in the future... the pressure for the real to depreciate will explode!
What does this mean for ordinary Brazilians? The money in their hands is worth even less! At this time, locals will crazily search for assets that can 'preserve value'—Bitcoin and stablecoins suddenly become hot commodities! (Referencing the spike in Bitcoin trading volume during the collapse of the Argentine peso!)
Could hot money turn around and rush into the crypto market?
High interest rates were supposed to attract global 'hot money' into Brazil for interest. But if rates peak, or might even decrease in the future... will international speculative capital still want to stay in Brazil? These keen funds' next target is likely to be the highly volatile, high-potential crypto market! Especially after the Bitcoin ETF is approved, large funds will find it easier to enter and exit!
Brazil, however, is the 'leader' in the Latin American crypto circle!
Don't underestimate this country! Brazil is one of the largest cryptocurrency markets in Latin America, with a huge user base and active trading platforms! Giants like Coinbase and Binance have invested heavily here. Once local demand for buying coins is sparked by currency depreciation, or if policy direction loosens (like approval of spot ETFs), the entire Latin American market sentiment could be ignited!
The tycoon hits the blackboard: Don't just watch the excitement!
For spot players: Keep an eye on the Brazilian real exchange rate! If it continues to weaken, the Bitcoin/stablecoin buying on local exchanges in Brazil may surge, providing potential support for prices.
For long-term believers: Another country is facing a 'fiat currency trust crisis', which is the best advertisement for Bitcoin's narrative as a 'store of value'! Global consensus is silently accumulating!
Regarding market sentiment: If the Brazilian central bank indeed remains 'still' on June 18 as expected, it may be interpreted as another signal that the global tightening cycle has peaked, allowing risk assets (including cryptocurrencies) to take a breath!
The Brazilian central bank's decision may seem like an interest rate game on the surface, but behind it is yet another clash between the fiat currency dilemma and the crypto exit strategy! When the national machinery can no longer 'protect' its currency, the value of decentralized hard currency is increasingly being recognized through real monetary votes!
The market is always ahead of the curve. When Brazilians start embracing Bitcoin, do you smell the trend? What do you think? Will Brazil's interest rate decisions ignite the Latin American crypto circle?
When Brazilian interest rates lie down, Bitcoin will immediately take its place! Keep up with the tycoon, ready with your knife and fork—this wave of meat fragrance has crossed the Pacific! Eat meat with the tycoon, don't drink soup! Follow 'Tycoon Trends', bull markets wait for no one, getting rich relies on action, not fantasy! Get moving now!