There is a great deal of negativity in the cryptocurrency market at the moment; the negative prices following Bitcoin’s plummet often results in the attitudes traders and investors turning sour too. Not all is bad news, however.
According to a recent conducted by Glassdoor Economic Research, the number of job opportunities in cryptocurrency has swelled despite the turn over the year. The research outlines how the growth in careers related to Bitcoin has expanded in contrast to the dipping price.
“As of August 2018, we found 1,775 unique blockchain-related job openings in the United States. By comparison, at this time last year, there were only 446 similar job listings, representing a 300 percent year-over-year increase.”
A chart with the findings pits the price of Bitcoin compared job listings.
Further exploration shows that the top US locations for cryptocurrency job opportunities are New York, San Fransisco, and San Jose while the top countries (excluding the US) are London, Singapore, Toronto, Hong Kong and Berlin.
Glassdoor found that engineers and science roles in the careers are the most widely offered and make up some 55% of the jobs in the space with software engineering in particular accounting for 19% of the job listings. The companies related to the space growing in job listings are often startup companies who are hoping to expand quickly. The top two tied for the most job listings are Consensys and IBM. Following these two are Coinbase, Figure, and Kraken respectively.
On the financial side, Glassdoor found that, on average, Bitcoin related jobs are far better paid compared to the average US Median salary – by almost 62% – and the median Bitcoin job salary hovers around $84.884 USD.
Glassdoor concluded their results with a note of positive insight into the industry; offering that the industry seems to have a strong hope for the future if its investing in human resources, despite what the market trends are showing.