Robinhood's Crypto and Stock Trading Takes a Hit

Robinhood, the platform known for trading stocks and cryptocurrencies, saw a drop in activity last month. In November, the value of crypto trades fell by 12% compared to October. This means people were trading less crypto on Robinhood. At the same time, stock trades also dropped by a big 37%. Overall, the total value of assets on Robinhood decreased by 5%. Why did this happen? Well, the crypto market took a hit after some political news in October. President Trump made remarks about China that caused a big stir. Since then, the crypto market hasn't recovered. The total value of all cryptocurrencies fell from $4. 28 trillion in early October to $3. 11 trillion. Bitcoin, the most famous crypto, dropped from a high of $126, 000 to $91, 163. Other big cryptocurrencies aren't doing much better. Robinhood was founded in 2013 by two Stanford graduates. It went public in 2021 and joined the S&P 500 in 2025. The company makes money from transactions, so when trading volume goes down, it affects their revenue. Investors noticed this drop and were not happy. As a result, Robinhood's stock price fell by more than 9%. This drop in trading activity is a big deal. It shows that people are trading less, which can hurt Robinhood's income. It's a reminder that the market can be unpredictable, and even big companies can feel the effects.