Bitcoin helps Fast-food "Steak ‘n Shake" surpass McDonald's and Domino's
Closing Invest "August" (12/08/25)
The Ibovespa closed this Tuesday (12) up 1.69%, at 137,913 points, boosted by inflation below expectations in Brazil and the USA, strong corporate earnings, and records on Wall Street. The dollar fell 1.01%, closing at R$5.38, the lowest level in 14 months.
In Brazil, the IPCA rose 0.26% in July, accumulating 3.26% for the year and 5.23% over 12 months. In the USA, the CPI rose 0.2%, strengthening bets on a rate cut by the Fed in September.
Among the stocks, highlight for BTG Pactual (+13.12%), after a record profit of R$4.2 billion in Q2. Sabesp and Assaí also shone, while Natura led the declines.
💰 Cryptocurrencies
The crypto market retreated to $3.94 trillion. Bitcoin fell 2.23%, priced at around $118,000, while Ethereum rose 1.19%.
The new member of the Fed, Stephen Miran, is a Bitcoin enthusiast and reinforces the Trump administration's support for digital assets. Additionally, World Liberty Financial, a Trump company, closed a $1.5 billion deal to create a reserve for its own crypto.
In Brazil, stablecoins have already surpassed Bitcoin in purchases. USDC leads with 24%, followed by BTC (21%) and USDT (11%). Itaú expanded its list of cryptos, adding AAVE, AVAX, LINK, POL, and LTC to the app.
🍔 Bitcoin and fast food
The Steak ‘n Shake network attributes a 10.7% increase in sales in the last quarter to Bitcoin, surpassing McDonald's and Domino's, and plans to expand payments via Lightning Network.
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