Crypto-related stocks are tumbling across the board on Wednesday with exchanges taking the biggest hit after Robinhood’s earnings miss and escalating tensions between Iran and the U.S.

Robinhood (HOOD), a crypto-friendly digital broker, plunged nearly 14% after it reported late Tuesday an almost 47% decline in crypto-related revenue in the first quarter.

The weakness spilled across the sector as investors took it as a signal for lackluster crypto trading demand. U.S. crypto exchange Coinbase (COIN) and institutional-focused exchange Bullish (BLSH), CoinDesk’s parent company, both fell 8%. Gemini (GEMI), the embattled exchange business of billionaire investors Cameron and Tyler Winklevoss, dropped 6%.

Bitcoin miners Riot Platforms (RIOT)…