Bitcoin and Ethereum prices “seem high” to Elon Musk

Billionaire Elon Musk said today that prices for Bitcoin and Ethereum seem high to him. Not long before this, these cryptocurrencies reached record highs in value, and the market capitalization of Bitcoin exceeded $ 1 trillion.

The Tesla CEO, whose recent Twitter behavior has contributed to the rise in the value of digital currencies, responded to a post from a Tesla user who suggested that gold is better than Bitcoin and cash.

Bitcoin and Ethereum prices

“Money is just data that allows us to avoid the inconvenience of bartering,” Musk replied.

“Nonetheless, [цены на] BTC and ETH seem to be high, ”he added.

At the time of this writing, Bitcoin is worth over $ 57,000, Ethereum almost $ 2,000.

Tesla recently acquired Bitcoin for $ 1.5 billion. It is believed that the information about this gave a new impetus to the growth of cryptocurrency.

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