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Robinhood crypto trading volume falls 48% year over year in October

Robinhood's October crypto volume was $17 billion, down 21% from September, as both its app and Bitstamp volumes dropped sharply.

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What we know

The Block reports Robinhood's crypto volume fell 48% year over year and 21% from September to $17 billion in October. Volume on the Robinhood app fell 51% to $6.8 billion and Bitstamp volume fell 45% to $10.2 billion.

Sources

@TheBlockCo

“Robinhood's crypto trading volume fell 48% year over year and 21% from September to $17 billion in October.”

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By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.