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The Bitcoin 2013 bull run was primarily driven by increased media attention and early adoption in markets like China, leading to a price surge from around $13 to over $1,100. In contrast, the 2021 bull run saw Bitcoin reach nearly $69,000, fueled by institutional investments from companies like Tesla and MicroStrategy, as well as broader acceptance as a hedge against inflation.
Key differences include the scale of participation, with 2021 involving more mainstream financial players, and regulatory developments that shaped market sentiment differently in each period. Overall, both runs highlight Bitcoin\“s evolution as a digital asset. |
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