Expedia Reported 40% Decline in Bitcoin Transactions

Expedia Reported 40% Decline in Bitcoin Transactions

Online booking company Expedia was one of the earlier merchants to accept bitcoin transactions on their platform last year but has since noticed a 40% decline recently. According to Connie Chung, senior payments product manager at Expedia, the drop in bitcoin payments may have also been correlated to the decline in prices. Back when Expedia announced its decision to accept bitcoin transactions in 2014, the cryptocurrency had been valued at around $600. As of this writing, bitcoin is trading at less than $300. Bitcoin Transactions Slowdown? Other factors that may have weighed on the use of....


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