Terra Classic holders are in a jubilant mood as LUNC price joins the bullish party, exploding by 15% to $0.0001335 on Thursday. The crypto market has generally exhibited strength this week, influenced by Bitcoin price swinging above $52,000.

It is believed that the growing interest in Bitcoin ETFs among institutional investors is the biggest force driving the rally. On top of this, the upcoming halving in April is improving market sentiment as investors take positions to benefit from the pre-halving rally and the bull run later in the year.

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