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Jewelry Purchases Skyrocket With Crypto Payments

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As cryptocurrency continues to reach new highs, gain value and become more mainstream, fine jewelry stores and dealers are seeing sales skyrocket. With travel services not yet back to normal , consumers, especially those who have benefited in the crypto run up , are looking for other ways to treat themselves. According to Diamonds.net, “US jewelry sales rose 106% year on year in March, reflecting the impact of stimulus payments, reopening of the economy, and comparison with a weak equivalent period of last year, Mastercard SpendingPulse reports. Sales are up 30% versus March 2019.” And many of the buyers are new customers.With the …

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