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Cryptocurrencies Beat Stocks As the Number One Asset Brazilians Plan to Acquire in 2023

Brazilian investors are showing a strong preference for cryptocurrency products even as the global market undergoes a phase of high turbulence.

Survey published in November and acquired by Finbold indicates that Brazilian respondents at 33% intend to purchase cryptocurrencies such as Bitcoin (BTC) within the next 12 months. Cryptocurrency ranks top, followed by real estate with a share of 26%, while stocks are in the third spot at 22%. Credit cards are also among the top investment products, in fourth place with a share of 21%, while saving accounts are fifth at 15%.

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