A crypto bull run is a sustained period of significant price increases in the cryptocurrency market, driven by strong investor confidence and demand. Several factors can contribute to a bull run, including increased institutional adoption, positive regulatory developments, technological advancements, and overall market sentiment. Historically, events like Bitcoin halvings have also been followed by bull runs.

Currently in May 2025, the crypto market is showing signs of a potential bull run. Bitcoin has demonstrated resilience, holding above key price levels around $90,000-$95,000 after a strong performance in April. Institutional interest remains strong, evidenced by continued inflows into Bitcoin ETFs. Experts suggest that the current bull cycle may not have peaked yet, with some predicting a historic surge that could create more millionaires. Factors like the maturation of crypto infrastructure and the emergence of practical use cases are also contributing to this optimistic outlook. However, it's important to note that the market can be volatile, and macroeconomic stability remains a crucial factor for the continuation of this potential bull run.