[{"data":1,"prerenderedAt":259},["Reactive",2],{"cJ8555EDo0":3,"market-pulse-3-tri-26":156,"ExZPLPlBWI":182,"_apollo:default":210},{"contents":4},{"__typename":5,"data":6},"ContentEntityResponseCollection",[7],{"__typename":8,"attributes":9},"ContentEntity",{"__typename":10,"slug":11,"isRestrictedContent":12,"contentUrl":13,"title":14,"blurb":15,"content":16,"publishDate":17,"timeToRead":18,"languages":19,"countries":27,"thumbnail":35,"heroImage":76,"author":110,"content_category":136},"Content","market-pulse-3-tri-26",true,"https://50919273.fs1.hubspotusercontent-na1.net/hubfs/50919273/Market%20Pulse%20Q326/%5BBR%5D%20Market%20Pulse%20Q326.pdf","Market Pulse 3ºTri 26","Market Pulse T3'26: o que fez o mercado cripto subir 46% no 3º trimestre de 2026, a tese sobre o dólar, os riscos no radar e o custo de esperar para entrar.","\u003Cp>\u003Cstrong>O que mudou no mercado cripto no 3º trimestre de 2026, o que esperamos daqui para frente, os riscos no radar e o que isso significa para o portfólio.\u003C/strong>\u003C/p>\n\u003Cp>O Market Pulse analisa os eventos do trimestre passado, avalia as perspectivas de mercado, examina os riscos e mostra como o portfólio pode se beneficiar dessas dinâmicas. No 3º trimestre de 2026, o Nasdaq CME Crypto Index (NCI) subiu 46% em reais, enquanto o Ibovespa avançou 8%. Mais da metade dessa alta veio em uma única semana de agosto.\u003C/p>\n\u003Cp> \u003C/p>\n\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">1. O passado\u003C/span>\u003C/h2>\n\u003Cp dir=\"ltr\">\u003Cbr>Mesmo após choques como as vendas de bitcoin da Strategy e o hack da Coldcard, o NCI subiu 46% no trimestre. A virada veio depois que o Tesouro americano anunciou a recompra de títulos longos, em 19 de agosto: o índice subiu 23% em três dias, em um mercado com poucos vendedores e impulsionado pela maior liquidação de posições vendidas já registrada.\u003C/p>\n\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">2. O futuro\u003C/span>\u003C/h2>\n\u003Cp dir=\"ltr\">\u003Cbr>A perda de força do dólar tende a favorecer ativos escassos e stablecoins, num cenário em que governos acumulam bitcoin e mercados emergentes ampliam o uso do dólar digital. Além disso, a fase de baixa atual já se aproxima da duração das fases de baixa anteriores.\u003C/p>\n\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">3. Riscos\u003C/span>\u003C/h2>\n\u003Cp dir=\"ltr\">\u003Cbr>Três fatores merecem atenção: o CLARITY Act passa a depender da próxima legislatura americana, a inteligência artificial disputa capital com cripto e, historicamente, leituras de ganância no mercado foram seguidas por quedas relevantes.\u003C/p>\n\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">4. Portfólio\u003C/span>\u003C/h2>\n\u003Cp dir=\"ltr\">\u003Cbr>Com 9 ativos e 87% do mercado coberto, o Nasdaq CME Crypto Index incorporou mais um ativo à sua cesta no último trimestre. Além disso, nossa simulação indica que tentar acertar o momento de entrada custou retorno ao longo do tempo.\u003C/p>\n\u003Cp dir=\"ltr\"> \u003C/p>\n\u003Ch2 dir=\"ltr\">\u003Cspan style=\"color: rgb(53, 152, 219);\">Leia o Market Pulse T3'26 completo\u003C/span>\u003C/h2>\n\u003Cp dir=\"ltr\">Os três atos do trimestre, a tese sobre a perda de força do dólar, os riscos no radar, a entrada do HYPE no índice e a simulação sobre o custo de esperar o momento 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