{"id":17252,"date":"2025-03-11T16:31:45","date_gmt":"2025-03-11T16:31:45","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=17252"},"modified":"2025-03-11T16:31:45","modified_gmt":"2025-03-11T16:31:45","slug":"robinhood-crypto-trading-fell-29-as-february-price-slide-distanced-retail-investors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=17252","title":{"rendered":"Robinhood Crypto Trading Fell 29% as February Price Slide Distanced Retail Investors"},"content":{"rendered":"<div>\n<p>Robinhood\u2019s (HOOD) crypto trading volumes took a steep hit in February, tumbling 29% from the previous month in a retail-trader-led decline that might carry a message for other platforms including Coinbase (COIN).<\/p>\n<p>The month-over-month drop to  $14.4 billion outpaced declines in equities and options trading, which each fell 1%. Even so, the figure was more than double the year-earlier level, the company said in a <a href=\"https:\/\/www.globenewswire.com\/news-release\/2025\/03\/11\/3040556\/0\/en\/Robinhood-Markets-Inc-Reports-February-2025-Operating-Data.html\" target=\"_blank\">press release<\/a>. <\/p>\n<p>The figure shows how trading dropped off as the cryptocurrency market slid. Bitcoin (<a href=\"https:\/\/www.coindesk.com\/price\/bitcoin\/\" target=\"_blank\">BTC<\/a>) lost about 15% of its value last month and the broader CoinDesk 20 Index (<a href=\"https:\/\/todayincrypto.coindesk.com\/cd20\" target=\"_blank\">CD20<\/a>) fell by around 23%. Across centralized cryptocurrency exchanges, spot trading dropped 19% to $2.3 trillion in February compared with January, <a href=\"https:\/\/data.coindesk.com\/\" target=\"_blank\">CoinDesk data<\/a> shows.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/6ae4ab3492ecba6a8624725e162e35099d22b9b6-700x430.png?auto=format\" alt=\"\"><\/p>\n<p>Memecoin activity also eased, with leading token launchpad Pump.fun seeing daily token launches plunge to 24,000 from 62,000, according to 10x Research.<\/p>\n<p>The slowdown in cryptocurrency trading volumes suggests lower retail interest in the space and could have implications for other exchanges including Coinbase (COIN), which caters to a similar audience.<\/p>\n<p>Shares of Robinhood, a retail-focused trading platform that also offers equities, have dropped 4% this year. Coinbase, in contrast, has fallen 15%, in line with the broader crypto market retreat.<\/p>\n<p>Coinbase has, however, been expanding its institutional services and blockchain infrastructure business, which could help offset some of the impact from weaker retail trading. The company recently <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/10\/coinbase-to-launch-24-7-bitcoin-and-ethereum-futures-trading-in-the-us\" target=\"_blank\">announced the introduction<\/a> of 24\/7 bitcoin and ether futures trading.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Robinhood\u2019s (HOOD) crypto trading volumes took a steep hit in February, tumbling 29% from the previous month in a retail-trader-led decline that might carry a message for other platforms including Coinbase (COIN). The month-over-month drop to $14.4 billion outpaced declines in equities and options trading, which each fell 1%. Even so, the figure was more [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-17252","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17252"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/17252\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}