Trade tariffs are crashing markets around the world.
Investment Closing 'August' (01/08/25)
📉 This Friday, the dollar fell nearly 1% and closed at R$ 5.54, following weak US labor market data that weakened the American currency worldwide. Even with new tariffs from the US against trading partners, investors' focus was on the lower-than-expected Payroll, which heightened fears of recession.
📉 The Ibovespa also retreated, closing down 0.53%, dragged down by stocks such as Banco do Brasil, Petrobras, Vale, and Gerdau. The index accumulated the same loss of 0.53% for the week, reflecting the impact of corporate earnings and uncertainty in the international scenario.
🪙 In the cryptocurrency market, the day saw a sharp decline: bitcoin fell 2.2%, ether 3.6%, and the market as a whole retreated 7.5%. Risk aversion increased after negative data from the US and the lack of progress in trade agreements, raising concerns about a possible recession.
📢 Meanwhile, entrepreneur Michael Saylor has reiterated the need for the US to clearly define what securities and digital commodities are, seeking greater legal certainty for the crypto asset market. The US Congress is discussing the Digital Asset Market Clarity Act, which is expected to bring new rules in September.
🏦 Companies like Robinhood are betting heavily on asset tokenization, even issuing tokens in Europe linked to companies like OpenAI and SpaceX — which has already led to legal investigations.
🚨 And in Brazil, the so-called 'Bitcoin Pharaoh', Glaidson Acácio dos Santos, is going to trial accused of being the mastermind behind the murder of Wesley Pessano, a rival in the cryptocurrency pyramid scheme. According to the Public Ministry, Glaidson allegedly hired a militia to carry out the crime in 2021.
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