Bitcoin Price Increased But Employment in the Industry Continued to Fall

Job postings published throughout the cryptocurrency industry decreased by half compared to last year.

The number of job postings related to the cryptocurrency industry shared on Linkedin decreased by 57% compared to the beginning of the year.

Bitcoin price increased by 57% again between November and December.

Throughout 2023, companies such as Gemini Trust and Binance.US laid off many people due to the decrease in transaction volumes. Meanwhile, many venture capital companies in traditional markets also downsized.

Daniel Adler, founder of Cryptocurrencyjobs.co “There may have been new spots opened up on some teams, but I think some of them used their hiring budgets on things like pre-recruiting.” said. Adler, “There seems to be more optimism in this area now. “I think things will become clearer in the next few weeks.” he added.

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