At the time of writing, BTC was worth $35,982.89 (£25,357.92), a 1.72 percent decrease over the past 24 hours.
The 24 hour high saw bitcoin reach $36,593.00 (£25,787.88) at 8.14am BST on Saturday.
Bitcoin’s all time high was $64,829.14 (£45,686.50) reached in mid April, but will the cryptocurrency reach this level again?
Experts have predicted a positive future for bitcoin, with the potential for it to smash its all time high.
Joel Kruger, a Cryptocurrency Strategist at LMAX Digital told Express.co.uk: “Bitcoin has already traded up through $60,000 (£42,283.30) and we don’t think it’s a question of ‘if,’ rather ‘when’ the cryptocurrency makes its way back through the barrier.”