Bitcoin bull runs: What drives them, who benefits, and what really happens

When we talk about Bitcoin bull runs, periods of sustained, rapid price increases driven by surging demand and investor sentiment. Also known as Bitcoin rallies, these aren't just random spikes—they're the result of deep shifts in how people see money, value, and control. Every major bull run since 2013 has followed a similar pattern: a slow build, a sudden surge, then a brutal correction. But what’s different this time? It’s not just speculation. It’s adoption.

Look at countries like Iran, a nation where electricity subsidies let miners produce Bitcoin for under $1,300 each, or Bangladesh, where millions use stablecoins to send remittances despite a total government ban. These aren’t fringe cases—they’re proof that Bitcoin is becoming infrastructure for people who can’t trust their banks. And when people start using Bitcoin to pay for food, rent, or family support, it stops being a speculative asset and becomes a lifeline. That’s what fuels real bull runs.

Meanwhile, regulators are scrambling. The U.S. FinCEN, the financial crimes watchdog that now requires every crypto exchange to register as a money service business, is tightening rules. But that doesn’t stop demand—it just pushes it underground or overseas. In places like Singapore, where the Monetary Authority has banned new crypto licenses and enforced brutal compliance, the market adapts. Traders move. Platforms shift. Bitcoin keeps moving.

And it’s not just about money. Bull runs expose who’s really in control. When governments seize crypto—like the U.S. Treasury, which has confiscated over $10 billion in crypto since 2020—they’re not just chasing criminals. They’re trying to stop the flow of value outside their systems. But every seizure, every ban, every crackdown just makes Bitcoin more valuable to those who need it most.

What you’ll find here isn’t hype. It’s the real stories behind the charts: the scams that fooled people, the exchanges that vanished, the airdrops that went nowhere, and the quiet movements that actually moved markets. You’ll see how meme coins like Just Elizabeth Cat, a Solana-based token with no team, no utility, and zero chance of survival, distract from the real drivers. You’ll learn why a token like TXL, a near-dead Layer 2 token with 99.9% price collapse, doesn’t move Bitcoin—but adoption in Bangladesh does. This isn’t about predicting the next peak. It’s about understanding why the peaks happen at all.