Meanwhile, Robinhood, whose crypto trading revenue has increased significantly in the last year, hit a low of $11.15 per share in the morning, down 87% from its 52-week high of $85. Shares rebounded to finish the day at $13.21, giving the company a market cap of just under $12 billion. Robinhood debuted as a public company last July.
Coinbase, Robinhood Trade at All-Time Lows Before Rebounding Monday
