Navigating Bitcoin’s Price Swings: Smart Strategies for Crypto Payroll
Bitcoin’s notorious volatility isn’t just news for crypto traders; it’s a serious concern for companies thinking about using cryptocurrency for payroll. As institutional investors make their mark on the market, understanding these shifts is vital for Small and Medium Enterprises (SMEs). This article dives into how to manage Bitcoin’s wild price swings and why stablecoins are becoming a more attractive option for payroll.
Unpacking Bitcoin’s Price Movement
Bitcoin’s price is like a rollercoaster ride. Large sell-offs from institutional investors and shifting market sentiments can make the value swing dramatically. Just recently, we saw Bitcoin’s price climb to $120K before a quick drop back to $117K. For businesses, this kind of…
