The post Bitcoin surges on macrotrends; spot ETF crucial for further growth: QCP appeared first on Coinpedia Fintech News The recent surge in the price of Bitcoin was driven more by macroeconomic factors than the development of spot ETFs, according to experts. Analysts have pointed to the smaller-than-expected Treasury supply estimate from the US government and the dovish outlook of the Federal Open Market Committee (FOMC) as key drivers behind the jump. These developments …