The cryptocurrency market has undergone several defining bull runs, each marking significant milestones in the industry's evolution. In 2013, Bitcoin experienced a meteoric rise from $13 to over $1,000, attracting early adopters and setting the stage for future growth. The 2017 bull run saw Bitcoin surge from $1,000 to $20,000, driven largely by the rise of Initial Coin Offerings (ICOs) and media coverage, making this period memorable for many investors. The 2020-2021 bull run was characterized by Bitcoin's rise to $69,000, spurred by the explosive growth of decentralized finance (DeFi) and non-fungible tokens (NFTs), which reshaped the investment landscape and diversified opportunities for market participants. As the industry enters a new phase in 2024-2025, with Bitcoin expected to surpass $100,000 and altcoins gaining traction, the focus now shifts to which altcoin might lead the next wave of growth, highlighting the ever-evolving and dynamic nature of the cryptocurrency market.
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