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#BTC🔥🔥#EFT QCP: Macros Forces And Not Spot Bitcoin ETF Led to Recent BTC Price Rally, Will It Continue? The dovish stand from the FOMC followed by a decline in bond yields and a simultaneous rise in risk assets led to Bitcoin price rally. The crypto community has been celebrating Bitcoin’s phenomenal rally to $35,000 last month, with many cheering up for the spot Bitcoin ETF approval. However, QCP Capital believes that the actual reason behind the Bitcoin price rally was the macro forces.

#BTC🔥🔥#EFT QCP: Macros Forces And Not Spot Bitcoin ETF Led to Recent BTC Price Rally, Will It Continue?

The dovish stand from the FOMC followed by a decline in bond yields and a simultaneous rise in risk assets led to Bitcoin price rally.

The crypto community has been celebrating Bitcoin’s phenomenal rally to $35,000 last month, with many cheering up for the spot Bitcoin ETF approval. However, QCP Capital believes that the actual reason behind the Bitcoin price rally was the macro forces.

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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