🚨 BANK OF CANADA HOLDS RATES AT 2.75% - Crypto Implications

💰 Key Decision
• No Change: Rates held at 2.75% (as expected)
• Outlook: Signals potential cuts by Q4 if inflation cools
• CAD Impact: Immediate 0.4% drop vs USD

💡 Why Crypto Traders Care
✅ Risk-On Signal: Hold = Liquidity stays in markets
✅ BTC Correlation: CAD weakness often = BTC strength
✅ Altcoin Boost: ETH, SOL may benefit from stable rates

📊 Trading Strategy
• BTC Watch: Hold above $60K = Bullish continuation
• CAD Pairs: BTC/CAD, ETH/CAD could outperform
• Defi Play: Canadian crypto platforms (e.g., Wealthsimple Crypto) may see inflows

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