#BitcoinHashRateSurge After jumping to $100,000, bitcoin owners started buying up Rolex watches

Recently, a new trend has emerged in the crypto community - bitcoin owners are spending their digital wealth on luxury watches, favoring the Rolex brand.

In particular, the account of The Luxury Watch Guy, a supplier of high-end watches banned in Russia, published a post on social network X saying that after bitcoin reached the $100,000 mark, there was a rush of demand for luxury watches.

The social media post is from last December, when BTC reached $100,000.

The post features images of the Rolex Skydweller Black Dial, Rolex Yellow Gold GMT Jubilee, Audemars Piguet Perpetual Calendar, Audemars Piguet Rose Gold Chronograph 41mm Black Dial, Rolex Datejust Blue Dial 36mm and Ladies WG Diamond Piaget, as well as the White Panerai Luminor.

I've been dabbling in cryptocurrency since 2021... today I sold a small portion of my cryptocurrencies to buy my dream watch, and this is my personal achievement. Trust me guys, it's never too late to get into trading.....

I'd like to thank our community for being strong... now back to HODLing,” wrote a Reddit user, where the topic was also heavily covered.

A post on Reddit that appeared in mid-December 2024.

Another Reddit user revealed that he exchanged some of his bitcoins for a Rolex when BTC reached $64,000 about ten months ago. Remarkably, BTC rose to $69,000 just a day later.