LUNC, APE rally as Bitcoin struggles below $79k level
LUNC and APE led altcoins, surging 17% and 25% respectively, while Bitcoin dipped below $77K. CZ revealed Binance retained crashed LUNA in 2022 to avoid amplifying a death spiral and reputational risk, despite a $1.6B valuation. Analysts note $79K is a critical level for Bitcoin to flip market sentiment positive.