A bull market in crypto refers to a prolonged period of rising prices and investor optimism. It’s typically marked by higher highs, increased trading volume, and strong demand across most assets. Bull markets are often fueled by positive news, institutional interest, or macroeconomic trends favoring risk-on assets like cryptocurrencies.
Example:
From late 2020 to early 2021, Bitcoin surged from $10K to over $60K... a classic bull market driven by institutional adoption and macro tailwinds.