Bitcoin was the investment option that appreciated the most among Brazilians' favorites in 2024 so far. The mother cryptocurrency surpassed several traditional economy options.

The data comes from a survey by the CEO of Elos Ayta Consultoria, Einar Rivero.

Bitcoin outperforms competitors and has greater appreciation

The data, published in EXAME, indicate that Bitcoin led the accumulated appreciation in 2024. The cryptocurrency rose by 68.44%, more than 20 percentage points away from second place.

The BDR Index reached 41.96%. In third place is gold, with an increase of 27.85%.

Read more: Bitcoin Price Prediction 2024/2025/2030

On the other side of the list are the Small Caps Index, with losses of 13.67%, the Ibovespa, with a drop of 1.77% and the IFIX, with 0.16%.

Next, Bitcoin also leads in the 12-month period ending in September 2024. The cryptocurrency had gains of 156.59%. The BDR Index once again came in second place, with a distant 52.98%.

Still, Bitcoin's recent stumbles in August and October have halted the cryptocurrency's growth trajectory, which hit a record high of $73,000 in March 2024.

In relation to the third quarter of the same year, therefore, the cryptocurrency does not appear among the top places. The champion of appreciation during this period was gold, which appreciated by 13.22%.

The Dividend Index (IDIV) is in second place, up 7.93%, and in third place, the Ibovespa, up 6.38%. At the end of the line are the dollar, down 1.99%, and the Real Estate Fund Index (IFIX), down 1.24%.

In September alone, gold grew 4.8%, followed by Bitcoin with 3.69% and the Multimarket Fund Index (IHFA), with 0.97%. At the bottom of the list are, once again, the Small Caps index, the dollar and the Ibovespa, with falls of 4.41%, 3.68% and 3.08% respectively.

The article Bitcoin was the asset that appreciated the most in 2024 was seen for the first time on BeInCrypto Brasil.