2024-04-07 17:00:59
7:00 p.m. ▪ 3 min reading ▪ by Luc Jose A.
The recent bullish trend in the crypto sector, and more specifically the explosion in the price of bitcoin, has led to an increase in interest in careers in this field. Recent reports indicate a significant increase in both job offers and applications in the crypto ecosystem. This development underlines the growing attraction for this industry which is developing at a breakneck pace.
Increase in job offers in the crypto sector
The crypto job market has grown exponentially, with a record number of job openings. More than 510 offers were published during the month of March. This is a significant increase from the 291 offers recorded in February. This increase reflects the growing optimism of businesses in the face of the upward trend in bitcoin and other cryptos.
Interest in crypto careers has also resulted in an increase in the number of companies looking for specialized talent. In March, 106 companies were actively looking for professionals, compared to 82 and 93 in January and February, respectively. This growth in the number of employers reflects the expansion of the sector and its increased need for specialized skills.
At the same time, the number of candidates wanting to work in the industry has exploded. In March, 5,843 people applied for jobs in the sector, setting a new 12-month high. The influx of applications underlines the growing attractiveness of the crypto sector, seen as a promising field for a professional career.
#Crypto bull run ignites surge in job listings, salary increases :
Jobseekers in crypto currently have a wealth of options as firms seek out fresh talent to help fuel their growth.
The crypto jobs market is heating up as the industry enters a new bull run.Increased crypto… pic.twitter.com/QZ3UwJ0LOs
— TOBTC (@_TOBTC) April 4, 2024
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Salary proposals are revised upwards
The average salary for an engineering position in the crypto sector has climbed to $168,000, up from $137,000 in 2022 and $135,000 in 2023. This notable increase reflects the growing valuation of technical skills in a growing market . Companies are ready to invest more to attract and retain the best talent.
This salary increase does not only concern engineers. Other professional profiles in the crypto sector have also seen their salaries increase, reflecting the growing recognition of the diversity of skills necessary for the development of the industry.
The boom in the job market and the rise in salaries in the crypto sector in 2024 illustrate the vitality and growing attractiveness of this industry. These trends highlight the strategic importance of specialized talent to support innovation and growth in a rapidly expanding field.
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Luc Jose A.
A graduate of Sciences Po Toulouse and holder of a blockchain consultant certification issued by Alyra, I joined the Cointribune adventure in 2019. Convinced of the potential of blockchain to transform many sectors of the economy, I took the commitment to raise awareness and inform the general public about this constantly evolving ecosystem. My goal is to enable everyone to better understand blockchain and seize the opportunities it offers. I strive every day to provide an objective analysis of current events, to decipher market trends, to relay the latest technological innovations and to put into perspective the economic and societal issues of this ongoing revolution.
DISCLAIMER
The comments and opinions expressed in this article are those of the author alone, and should not be considered investment advice. Do your own research before making any investment decisions.
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