Robinhood: Crypto asset notional trading volume fell to $28.6 billion in November.
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TL;DR
Robinhood's crypto trading volume dropped to $28.6 billion in November, down 12% month-over-month and 19% year-over-year, with significant declines in app-based and Bitstamp contributions.
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Robinhoodcrypto trading volumeBitstampmonth-over-month declineyear-over-year decline
According to Mars Finance, on December 11th, Robinhood Markets released its November monthly operating data, showing that crypto nominal transaction volume fell to $28.6 billion (down 12% month-over-month and down 19% year-over-year), with $12 billion coming from the app, a sharp drop of 66% year-over-year; Bitstamp contributed $16.6 billion, down 11% month-over-month. Furthermore, the company's crypto DARTs remained flat compared to the previous month, but have nearly halved year-over-year.