Bitcoin price falls back below $6,000 and off all-time highs

The price of Bitcoin has fallen back from the all-time highs it hit on Saturday and back under the $6,000 mark.

It smashed through that figure for the first time on Friday, just over a month after it first broke $5,000, and pushing the total market capitalisation above $100bn.

Bitcoin has fallen back from highs, and was down more than two per cent to $5,888.24 at pixel time.

Read more: Bitcoin surge continues as $6,100 mark left behind for new record

Greater regulatory scrutiny in recent weeks has failed to derail investor confidence in the cryptocurrency which continues on a record-breaking spree, though with a large dash of volatility thrown in.

The cryptocurrency faces another split in coming weeks, following what’s known as a hard fork earlier this year, that would result in three different versions of bitcoin. Bitcoin cash was created in August.