Bitcoin price above $34,000 as places accepting cryptocurrency rises

SlateStone Wealth chief market strategist Kenny Polcari provide insight into the markets, Bitcoin and big banks laying out their back-to-work plans. 

Bitcoin was trading lower by 0.1% on Wednesday morning.

The price was around $34,787 per coin, while rivals Ethereum and Dogecoin were trading around $2,382 and 23 cents per coin, respectively, according to Coindesk.

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There’s another place where you can use cryptocurrencies to pay your tab.

The Pavilions Hotels & Resorts, a high-end hotels group, will begin accepting cryptocurrency to book accommodations on Wednesday, according to a press release reported by Coindesk.

The company is partnering with crypto payment services provider Coindirect to allow customers to book rooms using bitcoin, ethereum and 40 other digital currencies.

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