Bitcoin
Brazil Stocks Plunge 17% After Lula’s Surprise Win
Cointribune·October 27, 2026·1 min read
Brazil's stock market plunged 17% and the currency weakened after Lula's surprise election win. Bitcoin rose when priced in reals, highlighting the difference between global asset performance and value in a depreciating local currency. The event underscores crypto's role as a hedge in emerging markets.
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