Business - Brazil Brazil

Despite Speculation, Bitcoin Accumulates 100 Percent Gains in 2019 over 2018

By Richard Mann · December 13, 2019 · 2 min read

RIO DE JANEIRO, BRAZIL – Despite a scenario of much skepticism, 2019 was a year of gains for bitcoin. To date, this year the cryptocurrency has accumulated a rise of 110 percent (real exchange rate), according to XDEX data, which, according to the company’s CEO, César Tashiro, is partly due to the number of large stock markets introducing margin trading procedures.

“The adoption of margin trade has allowed users to leverage trading, tripling or quadrupling their volumes, or even much more than that,” explains Tashiro.

Anyone who bought Bitcoins a year ago is likely to have made as much profit as with hardly any other financial market product. (Photo internet reproduction)

One-stop reference

Company Intelligence

Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.

Browse the directory →

Margin trades are procedures that allow for financial exchanges between experienced traders in the market. Basically, traders “lend” money to each other to conduct trades with greater leverage, and return the amount when the trade is completed.

The notable appreciation of cryptocurrency this year comes in the wake of a sharp drop recorded in 2018, when bitcoin depreciated up to 66.01 percent, reaching the level of US$3,236.76 at its year minimum, according to CoinMarketCap data.

For Tashiro, however, the year was symbolized as a moment of buying bitcoin at a very low price, benefiting those who believed in the recovery of the cryptocurrency.

According to Tashiro, another factor that helped in the valuation of bitcoin in 2019 was the creation of other cryptocurrencies, which provided greater visibility to the market. “Projects such as Facebook’s Libra helped with the advertising of cryptoactive products, helping more and more to build a greater positive feeling regarding the blockchain and its features,” he says.

For 2020, Tashiro retains an optimistic view of the cryptocurrency market. “We believe that the benefits will continue to follow the same line as in 2019. Other projects within the blockchain will attract publicity to the segment, which is good not only for Bitcoin, but also for all other altcoins,” he says.

Source: InfoMoney

Live Market IntelligenceCrypto — Live Market BoardInside: market breadth, the sector heatmap, currencies & rates, the Latin America scoreboard and the full instrument board.

Rio Times · Live Market Intelligence

Crypto — Live Market Board

Digital assets
Aug 2, 2026 · 22:56

Bitcoin · benchmark

63,085
+0.51%

L 63,085day rangeH 63,497

-44.77% over 12 months

Market breadth · 17 names

94% advancing

16 ▲ advancing1 declining ▼

Currencies, rates & key inputs

Ethereum

1,864

+1.10%

Solana

72.86

+1.38%

Gold

4,107

+1.43%

USD / BRL

5.07

-0.02%

Full instrument board

Instrument	Last	Change	YoY	Prev.	High	Low	Volume
BTC	63,085	+0.51%	-44.77%	62,763	63,497	63,085	16,242,811,904
ETH	1,864	+1.10%	-46.71%	1,843	1,883	1,864	5,700,566,528
SOL	72.86	+1.38%	-55.01%	71.87	73.47	72.86	1,044,435,456
XRP	1.07	+1.32%	-63.59%	1.06	1.09	1.07	842,675,840
BNB	583.37	+1.46%	-22.37%	574.96	587.60	583.37	925,492,480
ADA	0.19	+6.36%	-74.50%	0.17	0.19	0.18	678,746,752
DOGE	0.07	+1.30%	-64.82%	0.07	0.07	0.07	432,045,184
AVAX	6.50	+5.11%	-69.60%	6.18	6.54	6.50	305,139,648
LINK	8.32	+3.29%	-48.94%	8.06	8.37	8.32	222,701,264
DOT	0.79	+1.21%	-78.08%	0.78	0.80	0.79	70,383,576
LTC	44.58	+0.90%	-59.65%	44.18	44.68	44.58	125,553,544
BCH	211.36	+1.65%	-61.16%	207.92	212.54	211.36	63,531,916
TRX	0.33	-0.46%	-0.50%	0.33	0.33	0.33	384,329,792
XLM	0.17	+0.93%	-56.81%	0.17	0.17	0.17	98,196,552
HBAR	0.07	+0.50%	-72.10%	0.07	0.07	0.07	30,105,288
NEAR	1.70	+1.64%	-30.47%	1.67	1.72	1.70	143,008,080
ATOM	1.26	+3.11%	-70.50%	1.22	1.27	1.26	21,789,486
AAVE	91.54	+1.13%	-64.80%	90.52	92.00	91.43	197,635,008

Largest moves today

ADA
0.19
+6.36%

AVAX
6.50
+5.11%

LINK
8.32
+3.29%

ATOM
1.26
+3.11%

BCH
211.36
+1.65%

NEAR
1.70
+1.64%

BNB
583.37
+1.46%

SOL
72.86
+1.38%

The session read

The Bitcoin rose 0.51%, with breadth positive — 16 of 17 names higher. ADA led, while TRX lagged.

From The Rio Times

Related coverage · 1 Aug 2026

Bitcoin Falls to US$62,814 as Risk-off Hits Crypto

Read →

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

In depth

Bitcoin and crypto in Latin America 2026

Despite Speculation, Bitcoin Accumulates 100 Percent Gains in 2019 over 2018

Daily Brief

Crypto — Live Market Board

Related Articles

Randoncorp Frasle Offer: Controller Dramd Bids for RAPT3

Brazil Approves Ferrovia Centro-Atlantica Rail Extension with US$4.1 Billion Investment

ISA Energia Transmission Deal Worth US$208M Closes

American Airlines Azul Stake Cleared by Brazil

Rotate for Best Experience

You've reached your free article limit