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International Business Times
International Business Times
World
Carla St. Louis

Luxury Brands Consider Accepting Crypto For Payment

Gold Bitcoins are seen in the window of a Bitcoin and cryptocurrency exchange office in Istanbul, Turkey. (Credit: Chris McGrath/Getty Images)

As Bitcoin's value has risen to a staggering $108,000, luxury brands are exploring accepting cryptocurrency payments to attract wealthy customers and connect with crypto investors.

Bitcoin has a market cap valuation of more than $2.1 trillion–nearing Google and Amazon's $2.4 trillion valuation.

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