Robinhood's Crypto and Stock Trading Takes a Hit

A Decline in Crypto and Stock Trades

Robinhood, the popular platform for trading stocks and cryptocurrencies, experienced a significant drop in activity last month.

• Crypto Trades: Fell by 12% compared to October.
• Stock Trades: Dropped by a substantial 37%.
• Total Assets: Decreased by 5% overall.

Why the Decline?

The crypto market took a hit after political news in October. President Trump's remarks about China caused a major stir, leading to a prolonged downturn.

• Total Crypto Market Value: Fell from $4.28 trillion in early October to $3.11 trillion.
• Bitcoin: Dropped from a high of $126,000 to $91,163.
• Other Cryptocurrencies: Also underperforming.

Impact on Robinhood

Founded in 2013 by Stanford graduates, Robinhood went public in 2021 and joined the S&P 500 in 2025. The company generates revenue from transactions, so lower trading volumes directly affect its income.

• Investor Reaction: Noticed the drop and reacted negatively.
• Stock Price: Fell by more than 9%.

The Bigger Picture

This decline in trading activity is significant. It highlights market unpredictability and how even large companies can be affected by external factors.