A “bull run” in the context of cryptocurrencies refers to a phase in which the prices of many cryptocurrencies rise significantly. This can be due to a number of factors, including
- Investor interest: Increasing interest from investors, both institutional and individual, can lead to rising prices. Positive news, regulatory developments or technological advances can increase interest.
2 Adoption and integration: As more companies or institutions accept cryptocurrencies or integrate them into their business models, demand increases, which in turn can influence prices.
3 Market dynamics: Crypto markets tend to react strongly to news and market sentiment. Positive developments or optimistic expectations can lead to a domino-like effect where more people enter the market to take advantage of rising prices.
It is important to note that cryptocurrency markets are also volatile and bull runs can often be followed by corrections. Investors should therefore be cautious and consider their investments carefully.
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