23,700 Crypto Jobs Were Lost During Bear Market
The crypto industry dynamics keep changing every cycle. The market saw one of its worst winters recently and it is currently trying to get back on its feet. On the valuation front, the market’s capitalization has been able to sustain around $1.2 trillion over the past few weeks. However, the number is still one-third of the $3 trillion bull market peak achieved in 2021. Likewise, even on the employment front, crypto jobs peaked at around 211,200 during the bull market. However, a recent K33 Research report revealed that the number has dropped by around 23,700. Owing to the aforementioned 11% dip, the crypto employment figure currently stands only around 187,500. Global crypto employment peaked at 211,200 amidst the height of the 2021 bull market and has fallen an estimated 11% (23,700) to its current figure of 187,500. Find out more about the geographical composition of crypto employment: https://t.co/cCwuNMIvnm pic.twitter.com/fhBT7pX5Ws — K33 Research (@K3...