In brief
- Robinhood was down 9% at one point, just a day after an upbeat Q3 earnings call.
- Bitcoin, which steadied on Wednesday, fell below $101,000 before rallying slightly.
- Macroeconomic concerns, including the 37-day government shutdown, have weighed on crypto and other risk-on markets.
Crypto stocks plummeted amid a wider market downturn as investors fretted anew about macroeconomic uncertainties, including the latest U.S. jobs data, escalating trade tensions and a government shuttering, now in its record 37th day.
Robinhood Market shares fell more than 7% to trade at $131, but were down more than 9% at one point, sinking to their lowest mark in more than two weeks, according to Yahoo Financial data. The drop followed just a day after…
