In 2023, Bitcoin emerged as the leading investment, outperforming others with a significant year-end increase of 153.47%.
This surge included an 11.30% rise in December, highlighting the cryptocurrency’s robust growth throughout the year.
Following closely, Brazilian Depositary Receipts (BDRs), representing shares of international companies in Brazil, recorded the second-best performance.
They saw a 26.33% growth over the year, including a positive change of 2.84% in December.
Government bonds, specifically Tesouro IPCA with a 2035 maturity and Tesouro Selic 2025, also showed noteworthy gains.
They rose by 19.80% and 13.16%, respectively, surpassing the preliminary inflation rate of 4.72%, measured by the IPCA-15.
Gold, another asset beating the preliminary inflation rate, grew by 13.67% over the year and increased by 0.90% in December.
However, the Index of Investment Funds experienced mixed fortunes, growing 15.50% in 2023 but facing a sharp decline in December.
Contrarily, the U.S. dollar saw the least favorable performance among investors in 2023, falling by 8.06%. It ended the year valued at R$ 4.85, indicating a notable depreciation.
The Ibovespa, the main index of the B3 São Paulo Stock Exchange, also showed strong performance.
It closed at 134,185.24 points, up by 22.28% from the end of 2022. Its peak was on December 27th, reaching an all-time high of 134,193.72 points.
Brazil’s economic confidence improved significantly as indicated by the country’s risk measured through the 5-year Credit Default Swap (CDS).
It dropped to 132 points, a decrease of 117.86% for the year, reflecting increased confidence in Brazil’s economic prospects.
This decline in the CDS index underlines a more optimistic view of Brazil’s economy amidst the varying performances of different investment assets.
Live Market IntelligenceCrypto — Live Market Board
Rio Times · Live Market Intelligence
Crypto — Live Market Board
-0.26%
| Instrument | Last | Change | YoY | Prev. | High | Low | Volume |
|---|---|---|---|---|---|---|---|
| BTC | 63,384 | -0.26% | -47.24% | 63,552 | 64,346 | 63,305 | 22,774,743,040 |
| ETH | 1,886 | +0.26% | -58.90% | 1,881 | 1,920 | 1,879 | 7,916,475,392 |
| SOL | 75.89 | -0.40% | -60.44% | 76.20 | 76.99 | 75.39 | 1,473,821,056 |
| XRP | 1.01 | -1.15% | -69.07% | 1.02 | 1.02 | 1.01 | 1,144,044,416 |
| BNB | 609.60 | -1.12% | -26.81% | 616.50 | 619.30 | 609.23 | 1,266,706,432 |
| ADA | 0.18 | -1.98% | -78.22% | 0.19 | 0.19 | 0.18 | 238,085,632 |
| DOGE | 0.07 | -1.56% | -70.00% | 0.07 | 0.07 | 0.07 | 553,256,192 |
| AVAX | 6.38 | +1.04% | -74.11% | 6.32 | 6.42 | 6.21 | 248,470,560 |
| LINK | 8.77 | -0.06% | -62.73% | 8.77 | 8.87 | 8.68 | 317,054,880 |
| DOT | 0.78 | -0.75% | -81.11% | 0.79 | 0.80 | 0.78 | 43,490,492 |
| LTC | 45.08 | -0.85% | -65.45% | 45.47 | 45.59 | 44.98 | 143,727,712 |
| BCH | 213.85 | +0.10% | -65.44% | 213.64 | 215.69 | 212.54 | 137,956,688 |
| TRX | 0.34 | +0.28% | -4.73% | 0.33 | 0.34 | 0.33 | 436,576,064 |
| XLM | 0.16 | -1.33% | -64.46% | 0.16 | 0.16 | 0.16 | 89,559,864 |
| HBAR | 0.07 | -0.53% | -74.67% | 0.07 | 0.07 | 0.07 | 22,546,186 |
| NEAR | 1.65 | +2.42% | -40.55% | 1.62 | 1.68 | 1.61 | 187,591,264 |
| ATOM | 1.40 | -2.36% | -70.15% | 1.44 | 1.44 | 1.40 | 18,626,964 |
| AAVE | 89.06 | +0.93% | -72.33% | 88.24 | 90.20 | 88.19 | 129,099,704 |
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