Bitcoin bounces back above $30,000

After falling to 2022 lows earlier in the week, the price of bitcoin recovered on Friday and

$30,000, as markets rose and investors from Terra's UST stablecoin.

Crypto markets have suffered throughout the year amid

. Bitcoin, which continues to lead cryptocurrency prices, is still heavily associated with tech companies, and all three rose on Friday. This week has been exceptionally bad for cryptocurrency investors, as they watched Terra's UST stablecoin and luna token fall apart, scaring investors and lowering bitcoin prices.

According to

, if bitcoin cannot hold $30,000, it will fall even more.

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