Bitcoin price: The cryptocurrency had a terrible January.But it just hit $45,000 again

The virtual currency briefly breached the $45,000 milestone for the first time in roughly a month overnight, according to CoinMarketCap.

It later dipped back below that mark, and was last trading around $44,800 per coin.

It’s not clear what caused the latest surge, but the cryptocurrency’s price has been improving in recent days. It finally cleared $40,000 again last Friday after weeks of losses.

Still, the coin is down more than 34% from its all-time high — on November 10 — of…


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