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Robinhood Stocks Fall 3.87% as Crypto Volume Sinks 48% While Prediction Bets Jump 136% — TradingView News

Robinhood Stocks Fall 3.87% as Crypto Volume Sinks 48% While Prediction Bets Jump 136% — TradingView News

Robinhood Markets HOOD shares fell 3.87% to $78.20 as of 10:05 a.m. ET in Friday’s regular session on November 13, after October operating data showed crypto trading shrinking as Bitcoin slid below $70,000.

Crypto notional volume fell 21% from September and 48% from a year earlier to $17.0 billion. Robinhood app crypto volume dropped 51% year over year to $6.8 billion. Other lines grew. Event contracts rose 136% year over year to 5.9 billion, net deposits hit $15.1 billion, a 46% annualized growth rate, and margin balances climbed 39% to $22.9 billion. Funded customers rose 7% to 28.9 million, while total platform assets slipped 3% from September to $383.2 billion. Bitcoin fell about 3% to $69,342 on Friday morning, its first break below…

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