## Market Snapshot

The market for whether the Bank of Brazil will increase the Selic rate after April 2026 is currently priced at 100% YES. Bitcoin price targets, including a rise to $80,000 in April, are priced at 0.1% YES, suggesting limited confidence in reaching these levels.

## Key Takeaways

– Brazil’s central bank prohibition on crypto in cross-border eFX rails appears to increase regulatory oversight and financial conditions. – Markets suggest this action could contribute to inflationary pressures, consistent with a possible Selic rate hike. – Bitcoin markets reflect diminished sentiment and demand, with odds for high price targets like $80,000 notably reduced.

## Article Body

Brazil’s central…