On Friday, Bitcoin surged to new heights, breaking the $6,000 mark after rising 5%. The cryptocurrency finally reached its record high of $6,003.81 in the late morning during New York trading according to CoinDesk. By early afternoon, it had settled to around $5,905.

That was not the only notable thing about Bitcoin today. The cryptocurrency also had a trading volume of nearly $2 billion. This completely dominates most other forms of cryptocurrency, such as ethereum and bitcoin spin-off, bitcoin cash, who tend to trade in the hundreds of thousands.

Alex Sunnarborg, founding partner of the cryptocurrency fund Tetras Capital, said, “In the last 24 hours, and really the last few hours, there have been a massive inflow of capital into bitcoin, significantly outweighing the amount of new money flowing into other cryptocurrencies.”

By comparison, digital currency Ethereum traded up slightly to around $307, according to the latest numbers from CoinDesk.

According to Sunnarborg, Bitcoin investors were betting that the original Bitcoin would be holding its own after a split scheduled for November called SegWit2x. Sunnarborg noted that the bitcoin offshoots were trading lower and that that major bitcoin developers were dropping their support fo the split.

After a split in August, Bitcoin soared to new highs over its spin-off, Bitcoin Cash, with investors typically receiving equal amounts of both digital currencies. Speculating on the future split, many investors are buying up Bitcoin in hopes that the new split will further increase their profits. Bitcoin Gold is set to split off of Bitcoin in the next few weeks.

Before bouncing back, Bitcoin dropped 8.7% amid fears that the government would increase scrutiny in the U.S. for cryptocurrencies.

The majority of trades came from Japan, with 59% of trades being exchanged for Japanese yen. The U.S. made up about 25.5%, according to CryptoCompare.

Despite criticism from JPMorgan Chase (NYSE:$JPM) CEO Jamie Dimon and BlackRock (NYSE:$BLK) CEO Larry Fink, the currency has continued to rise 50.4% in the past month.

Last week at a conference, Dimon openly called Bitcoin investors ‘stupid”, while Fink identified Bitcoin as an “index of money laundering”.

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