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Despite 38% Crypto Slump, Robinhood Boasts $69.2B in July’s Trading Volumes

Despite 38% Crypto Slump, Robinhood Boasts $69.2B in July’s Trading Volumes
The decline in cryptocurrency market activity is felt not only by cryptocurrency exchanges but also by companies in the retail trading sector. Robinhood (NASDAQ: HOOD), the American commission-free online trading provider, reported a decrease in total trading volumes in the digital asset market by 38% compared to the previous year. Daily Average Revenue Trades (DARTs) also declined, dropping 33% year-over-year (YoY).Robinhood Reports Decline in Crypto Market ActivityYesterday (Wednesday) evening... Read More
Posted: Aug 17 2023, 06:22
Author Name: financemagnates
Views: 102671

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