Athletes and public figures who took pay in bitcoin hit hard

At its peak last year, bitcoin, the flagship cryptocurrency, was at $69,000. It has since slumped badly, with one bitcoin now trading at just over $20,000 — a whopping 70% decline just over the past few months. New York Giants running back Saquon Barkley, who signed with the Giants in 2018, makes more than $10 million per year in endorsements, marketing, and sponsorship deals. El Salvador’s president said he would take his first three paychecks as a mix of bitcoin and ethereum. Miami Mayor Francis Suarez announced that he would pay his next paycheck “100% in bitcoin” New York Mayor Eric Adams one-upped him and said he’d pay in bitcoin. Source