The supply of trophy watches such as the Rolex Daytona or Patek Nautilus 5711A “is now much larger,” online-watch trading platform Chrono24 said in an emailed statement.
The price decline for the most sought after models is the latest indication that the once soaring second-hand luxury watch market is starting to lose pace. Surging valuations for crypto currencies had minted a new class of luxury buyers, leading to an unprecedented price increase for models particularly from brands like Rolex, Audemars Piguet and Patek. Now that many digital tokens have been hammered, these consumers are going into reverse.
At the same time, Stracke said trading volumes on the platform, which links dealers or private sellers with buyers, have jumped more than 50 per cent in the first half of the year.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:
مصر أحدث الأخبار, مصر عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
Toronto apartment rents soar 20% to record with market tightening - BNN BloombergToronto tenants are saying goodbye to the era of COVID-19 discounts, with rents fully recovering pandemic losses and reaching record levels, according to new data. Consumer is getting smoked every which way right now 😬 People are bidding up the rents to postpone their home buying by 2 or 3 years as by then home prices would have declined by over 40% due to rising interest rates. It's a smart strategy. Owning a home today is like inviting big losses in its value. While Shambhavi Anand knowingly broke 🇮🇳abortion law(20wks) TWICE (6 & 7mnths-A Criminal Offense) aborted 7mnths alive girl child then fled 2🇨🇦 BrockUniversity GoodmanSchool 2 b 'Future Business Leader' business BloombergCA BW cdnbiz UWSFL cdnpoli
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »
Prem Watsa's Fairfax couldn’t dodge Q2 market turmoil - BNN BloombergCanada's most famous investor, who is often compared to Warren Buffett, couldn’t dodge the market turmoil.
مصدر: BNNBloomberg - 🏆 83. / 50 اقرأ أكثر »
Bitcoin enters this decisive level as FUD rules over crypto marketThe crypto market has lost its momentum yet again after the relief rally diminished over the weekend. One of the major reasons for this fall is the increasing market FUD for the Fed’s meeting. As we approach a crucial junction, Bitcoin [BTC] has yet again dropped below the $21,500 mark. A sentimental shakedown The bears […]
مصدر: CryptoAmb - 🏆 22. / 68 اقرأ أكثر »