Rolex, Patek lead high-end watch market rebound even as bitcoin struggles

image

Source: CryptoNewsNet Original Title: Rolex, Patek lead high-end watch market rebound even as bitcoin struggles Original Link: Bitcoin prices are sliding, but luxury watches are quietly moving in the opposite direction.

Over the past six months, BTC has fallen about 25% and the CoinDesk 20 is down more than 30%, even as secondary market watch prices have risen roughly 4%, according to WatchCharts data.

The WatchCharts index, which tracks secondary market prices for thousands of luxury watch references across major brands, is up about 4% over the past six months as prices for top-tier watches inch higher. Over the same period, crypto markets have moved sharply in the opposite direction.

WatchCharts Overall Market Index (WatchCharts)

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)