When Brazil’s central bank lowered its interest rates to 3%, potentially driving out some investors, it may have opened the doors for BTC.
Source: https://cointelegraph.com/news/post-halving-report-brazil-could-be-new-demand-source-for-bitcoin
Post-Halving Report: Brazil Could be New ‘Demand Source’ for Bitcoin
May 12, 2020
CoinTelegraph