Why cryptocurrency crashes are tanking luxury watch prices
Inside Retail
SEPTEMBER 7, 2022
Bitcoin prices, now down 70 per cent since its peak of nearly US$69,000 in November, are struggling to stay above US$20,000. Luxury watchmakers Tag Heuer, Hublot and Breitling are accepting digital currencies such as Bitcoin and Ethereum for transactions worth US$10,000 and above. trillion ($2.8 The crypto bubble bursts.
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