Part 2/8:
Effective from early March, the Bank of Canada will commence asset purchases to replace maturing assets. This move is aimed at managing its balance sheet appropriately in light of the growing currency notes in circulation. Notably, the announcement does not stand in isolation; it raises questions about potential reactions from other major central banks, most importantly the Federal Reserve (FED) in the United States. Investors are keenly watching what the FED will decide, as an end to its QT could significantly alter the investment atmosphere in the crypto market.