A bull run in crypto (or any financial market) refers to a sustained period of rising prices and positive sentiment, where investors are optimistic and expect prices to keep going up.
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🔼 What Happens During a Crypto Bull Run?
• Prices Surge: Bitcoin, Ethereum, and altcoins often see rapid price increases.
• Investor Confidence Grows: More people buy in, believing prices will continue to rise.
• High Trading Volume: Activity on exchanges increases significantly.
• FOMO (Fear of Missing Out): New investors jump in, further driving demand.
• Mainstream Hype: Media coverage and public interest spike.
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🐂 Why Is It Called a “Bull” Run?
The term comes from how a bull attacks—it thrusts upward with its horns, symbolizing rising prices.
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✅ Common Causes of a Bull Run:
• Positive news (e.g., ETF approvals, institutional adoption)
• Halving events (especially for Bitcoin)
• Economic factors (like low interest rates or inflation fears)
• Increased utility or use cases for blockchain/crypto
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Example:
The crypto bull run in late 2020 to early 2021 saw:
• Bitcoin rise from ~$10,000 to over $60,000
• Massive growth in DeFi, NFTs, and meme coins like Dogecoin