Salaries of workers in the cryptocurrency industry have fallen this year despite the historic bullish trend of Bitcoin.

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The Crypto Compensation Report 2024/2025 from the Dragonfly fund shows that salaries in the cryptocurrency industry have fallen widely, despite Bitcoin reaching a record high this year. Both cash salaries and token rewards have decreased compared to last year, reflecting a trend of tightening costs and adjustments after a period of rapid growth.

A survey of more than 3,000 positions at 85 companies shows that the recruitment process is prolonged, with an offer acceptance rate of about 68%. Lower-level positions are the most affected, while leadership salaries have increased slightly, creating a “whipsaw effect.”

Europe continues to lead thanks to a stable legal environment, while Asia has seen a strong increase in hiring demand, accounting for over 40% of surveyed companies. Nevertheless, more than half of cryptocurrency businesses still operate entirely remotely, reflecting the global trend of flexible working.

The salary of workers in the cryptocurrency industry has fallen this year despite the historic price increase of Bitcoin

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