Thread regarding United States Layoffs layoffs

Crypto Downturn Fuels Finance Acquisitions, Layoffs

Crypto mergers and acquisitions surged in the first half of 2026. Deal volume reached $9.37 billion, a 26x increase from last year. A Bitcoin market downturn forced many crypto companies to cut staff. Traditional financial firms are acquiring crypto licenses and infrastructure. They prefer buying these assets rather than building them internally.

https://letsdatascience.com/news/wall-street-drives-937b-crypto-ma-amid-layoffs-73c1329d


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