Robinhood October crypto trading volume drops 21% to $17 billion
2026-11-14 01:08:52
According to CoinMeta, Robinhood reports that cryptocurrency trading volume decreased by 21% in October, falling to $17 billion. Customers traded 5.9 billion event contracts, a year-on-year increase of 136%. Robinhood's operational updates show that both retail applications and Bitstamp's crypto activities have declined; application trading volume decreased by 24% compared to September, and Bitstamp by 18%. Compared to October 2025, application trading volume has dropped by 51%, with Bitstamp's transaction volume decreasing by 45%. The average daily crypto trading volume in October was $548 million, a decrease of 23% from September. Bitstamp accounted for 60% of the total trading volume in October.
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Source:Cryptonews
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