Robinhood Slides as Crypto Weakness Hits Risk Assets — TradingView News

Robinhood Markets HOOD shares fell 8.77% to $90.75, making it one of the worst performers in the S&P 500 for the session. The selling tracked a sharp leg lower in digital assets, with Bitcoin back at levels last seen in April 2025. That weakness spilled across crypto-linked names, forcing investors to reassess how lower prices and slower trading activity could flow through to transaction-based revenue.

The sell-off came despite Robinhood’s official launch of a UK Stocks & Shares ISA. The new product offers zero platform fees and includes a 2% cash bonus on eligible contributions made through April 5, 2026, provided the funds remain invested for at least one year. The announcement failed to offset broader macro-driven selling pressure.

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