Elon Musk, the billionaire founder of Tesla Motors, said the price of Bitcoin and Ethereum "seem high" after the cryptocurrencies surged to record levels on Saturday.
Bitcoin, which has surged more than 55 per cent since the start of February, increased almost 3.5 per cent to a record high of $57,527 per coin on Saturday. After soaring almost 350 per cent in the past six months, its market value reached more than the $1 trillion mark on Friday.
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