Bitcoin Price Prediction as Crypto Exchanges Announce 1,200 Job Openings – Will BTC Pump Higher?
Bitcoin (BTC/USD) is currently trading at $69,088, reflecting a slight decline of 0.33%, signalling a bearish Bitcoin price prediction.
Meanwhile, the cryptocurrency industry is experiencing a surge in hiring, with over 1,200 job openings across major exchanges like Binance, Coinbase, and OKX. This hiring spree highlights the industry’s optimism despite Bitcoin’s recent price fluctuations.
One of the largest cryptocurrency exchanges, led by Binance, Coinbase, and OKX, has over 1,200 job openings. This hiring surge reflects the industry’s optimism, anticipating Bitcoin surpassing its March record high, the launch of spot Ethereum ETFs, and increased venture capital investments this year.
Sam Wellalage, founder of WorkInCrypto.Global noted the unprecedented bull market and stated that crypto companies are eager to capitalize on the growth.
“We are in a bull market like never before — there’s going to be a lot of work for us from a recruiting perspective,” he told DL News.
This shift follows two years of job cuts, with 13,500 crypto workers laid off since April 2022.
Impact on Bitcoin: The surge in hiring by best crypto exchanges indicates strong industry growth and investor confidence, which could positively impact Bitcoin prices.
As exchanges expand their teams to support increased market activity, Bitcoin may see heightened demand and potential price appreciation.
Bitcoin (BTC/USD) is currently trading at $69,088, reflecting a slight decline of 0.33%, signalling a bearish Bitcoin price prediction. The green line, which represents the pivot point at $68,747, is a crucial level for determining the next price movement.
Immediate resistance is at $70,000, followed by $71,500 and $73,000. On the downside, immediate support is
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