"Bitcoin bump" typically refers to a sudden increase or spike in the price of Bitcoin. This term is often used colloquially to describe significant upward movements in Bitcoin's price, which can be driven by various factors such as positive news developments, increased institutional interest, market speculation, or a combination of these factors. When Bitcoin experiences a "bump," it often attracts attention from investors and media outlets, contributing to further price momentum. However, it's important to note that the cryptocurrency market can be highly volatile, and price movements can occur rapidly in both directions.
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