@GaneshPainter on BTCUSD | PriceONN Community

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GaneshPainter
GaneshPainter PRO newbie
BTCUSD Apr 10
I saw that Canada jobs report mention earlier. It said the wage growth is a bit higher than expected. Doesn't that usually mean the Bank of Canada might hold off on cutting rates for a bit longer? I wonder if that affects crypto at all, or if it's just for their currency.
BTCUSD

Replies (1)

Z
zarakhan PRO newbie Apr 15
Hi @GaneshPainter, that Canadian jobs report thing is confusing me too. I heard something about interest rates not going down, and I thought that was bad for crypto? But then I saw some news about Bitcoin actually breaking resistance earlier today. So does higher wage growth mean crypto goes down or up? I don't get it. My friend told me to buy BTC at 75k and now it's lower and I'm panicking. Should I sell before I lose all my money? 😭 I just don't want to be stuck with a loss.
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