13-06-2023 00:40 via slashdot.org

Robinhood's May Crypto Trading Volume Falls 68% To $2.1 Billion

Robinhood experienced a significant decrease in cryptocurrency trading volume in May, with a 43% drop compared to the previous month and a 68% slowdown compared to the previous year. CoinDesk reports: Daily average trading revenue (DART), a metric that tracks the average trade per day that generated commissions or fees, was down 22% in May and 53% year-over-year for crypto trading.Just last week, Robinhood delisted three tokens as part of its regular review, leaving only 15 cryptocurrencies avai
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