Brazil's interest rate - why it matters for crypto. 👉 In Brazil, interest rate decisions are made by COPOM, the Monetary Policy Committee of the Central Bank of Brazil. 👉 The official rate is SELIC, Brazil's overnight lending rate and key economic benchmark. 🔹 Crypto impact: high SELIC → investors prefer safe yields → risk assets like crypto may face pressure low SELIC → cheap money and more liquidity → bullish for crypto and Bitcoin. SELIC movements also affect Brazil's real, which impacts local demand for stablecoins and crypto hedges. In simple terms: when Brazil cuts rates, crypto benefits. When rates increase, risk appetite generally cools.