Bitcoin bounces back above $30,000

Bitcoin bounces back above $30,000

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Technology

May 14

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After falling to 2022 lows earlier in the week, the price of bitcoin recovered on Friday and fluctuated around
 $30,000, as markets rose and investors assessed the ramifications
 from Terra's UST stablecoin.
Crypto markets have suffered throughout the year amid broader market volatility
. Bitcoin, which continues to lead cryptocurrency prices, is still heavily associated with tech companies, and all three major stock indices
 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 technical analysts
, if bitcoin cannot hold $30,000, it will fall even more.
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Từ vựngVOCAB 1/5
fluctuated around 
dao động xung quanh
assessed the ramifications from 
đánh giá các hệ quả từ
broader market volatility 
thị trường biến động lớn hơn
major stock indices  
các chỉ số chứng khoán chính
technical analysts 
nhà phân tích kỹ thuật
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Quiz﻿
What happens if bitcoin can't hold $30,000?
How many major stock indices rose on Friday?
What's the reason behind this?