After a long wait in the cryptocurrency world, the bull season has finally arrived. This unique period refers to a period of time when the prices of digital assets rise and excitement increases. Here are some telltale signs that bull season has arrived:
1. Record Prices: Many cryptocurrencies have seen historical record prices. In particular, Bitcoin, Ethereum and other leading digital assets reached high levels.
2. Institutional Participation: Institutional investors have become a part of this season by increasing their interest in cryptocurrencies. Large companies converted their assets to Bitcoin and began offering cryptocurrency trading services.
3. DeFi and NFT Boom: DeFi (Decentralized Finance) and NFTs (Non-Fungible Token) have brought innovation to the crypto ecosystem. Eruptions in these areas are among the important factors supporting the bull season.
4. Investor Interest: Individual investors are showing increasing interest in cryptocurrencies. The number of new users signing up to crypto exchanges is growing rapidly.
However, the bull season brings with it high volatility. Investors should act carefully and consciously. It should not be forgotten that cryptocurrencies still involve risks and it is important to be prepared for market fluctuations.