Bitcoin reached $1 trillion market cap, Elon Musk optimistic it goes up

Bitcoin surged to another record high after reaching more than $1 trillion in market value for the first time. In a tweet, Elon Musk said Bitcoin prices “seem high.” The world’s richest person was replying to Peter Schiff — a crypto skeptic and gold bug — who said the precious metal is better than Bitcoin and fiat money. The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year. According to @elonmusk “Bitcoin is almost as BS…

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