Calado, Luiz Roberto2024-03-122024-03-122021CASTRO, Lauro Ricardo de. O uso de criptomoedas como opção de investimento em cenário de queda de juros no Brasil. Goiânia (GO), 2021. 40 f. Dissertação (Mestrado) - Centro Universitário Alves Farias, 2022.https://repositorio.unialfa.com.br/handle/123456789/91This dissertation analyzes investments in cryptocurrencies in comparison with other investment options, given the variation of interest rates in Brazil. Cryptocurrencies have grown as investment options, mainly in the last two decades, with more than 1,600 types on the market. The sample highlights indices such as Nasdaq 100, Ibovespa, Dow Jones, Shanghai, S&P 500 and foreign exchange and cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Cardano (ADA) and Polkadot (DOT), a from the Coin Market Cap (2020) which points out these five with the highest volume. The period studied is from January 2016 to December 2020, whose data, in the trillions of trillions, instigate investors with a profile that seeks high profitability in the financial market. The question that guides this investigation is how are cryptocurrencies seen in the financial market compared to the variation of interest rates? The evolution of the Selic rate between 2016 and 2020 was based on an interest rate of 2%. The knowledge brought in includes the Sharpe ratio methodology which was designed to understand the return on investment by comparing risks with possible outcomes. The study is justified by the need to clarify about cryptoactives and investments in cryptocurrencies being seen as a promising option in the market, given the drop in interest rates. As there are still few scientific works published on the subject, this research understands the functioning and the current situation of cryptocurrencies, whose results show that such investments have aggressive profiles, since the capital risk is quite high, compared to other types of investment.ptCriptoativosCriptomoedasInvestimentos