Robinhood (HOOD), Coinbase (COIN) plunge in crypto stock rout, outpacing bitcoin (BTC) decline

Cryptocurrency-related stocks tumbled across the board on Wednesday, with exchanges taking the biggest hit after poor results from Robinhood and rising tensions between Iran and the United States Robinhood (HOOD), a crypto-friendly digital brokerage, saw its shares plunge nearly 14% late Tuesday after reporting a nearly 47% drop in first-quarter crypto-related revenue. The weakness spread…

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