Over the past 90 days, Bitcoin (BTC) has seen a significant increase, especially in dollars and reais. In 2024, it has appreciated by around 65% in dollars and an impressive 95% in reais, due to a combination of global and local factors, such as the devaluation of the real against the dollar. BTC reached a value of over R$$ 467 thousand, its all-time high in reais, and is close to surpassing its all-time peak in dollars, recorded in March of this year. This growth was driven by an increase in demand for safe-haven assets, greater risk appetite in the global financial market, and significant flows into Bitcoin ETFs, especially in the US.