Macro Finance
Bitwise Cuts 14% of Jobs With Crypto Industry Under Pressure
Bloomberg Markets·August 11, 2026·1 min read
Crypto firm Bitwise Asset Management Inc. has laid off about 14% of its workforce during a prolonged slump in digital-asset prices. The job cuts reflect ongoing pressure in the cryptocurrency industry as market conditions remain challenging. Bitwise joins other crypto companies in reducing staff amid the downturn.
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