Bitcoin was back above $19,000 on Monday morning, according to data from Coin Metrics.The move over the weekend is the latest leg of a furious rally for the cryptocurrency, which has nearly doubled in price since early September.
The price of Bitcoin peaked at just under $20,000 in late 2017 before a dramatic decline left it at under $4,000 just 12 months later.
In addition to Bitcoin’s surge, other cryptocurrencies, or altcoins, have also risen sharply in recent weeks.