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Bull Market

A bull market is a financial market characterized by a period of rising prices. In the context of cryptocurrency, a bull market is a period of time during which the prices of many assets are on the rise (20% or more), often driven by increased demand and positive market sentiment.

During a bull market, investors and traders may be more likely to buy and hold onto their cryptocurrencies, as they expect the prices to continue to rise. This can lead to further price increases, as more demand drives up the price.