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Robinhood, Coinbase Lead Crypto Stock Plunge as Investors Fret Over Macro Concerns
Yahoo Finance· 2025-11-07 02:33
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 the company surpassed analysts' estimates for revenu ...