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Robinhood offsets crypto trading slump as Coinbase activity stays cyclical

Reported · Written up by our desk · Market Structure

Robinhood reported resilience amid a broader crypto downturn, with its own trading activity holding up better than the wider market backdrop, according to The Block.

The outlet said Robinhood and Coinbase both saw crypto trading activity slump alongside general market conditions, but one platform managed to offset part of that weakness.

The Block attributed the divergence to differences in how Coinbase’s activity remains linked to the trading cycle, even as overall crypto sentiment deteriorates.

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