US-based cryptocurrency and stock trading platform Robinhood announced that cryptocurrency transactions increased in November compared to the previous month.
Robinhood revealed increasing cryptocurrency trading volume. Company Monday, December 4 According to the report submitted to the US Securities and Exchange Commission (SEC), cryptocurrency transactions increased in November compared to October. increased by 75% he stated.
Robinhood shares are affected by Bitcoin’s developments in November. 8.85% increase Acting accordingly, it created a positive picture in the company’s transaction volume.
While the increasing volumes on transactions appear to be directly linked to the rises the cryptocurrency market experienced in November. Reporting will continue in the coming months. included:
Cryptocurrency notional transaction volumes in November were approximately 75% above October 2023 levels. We will continue to report data on cryptocurrency transactions for the coming months.
Robinhood 2023 second And third quarter interest in cryptocurrency markets in the balance sheet reports published you lost blood had revealed. However, it seems that the fourth quarter reports will present a more positive picture compared to the previous ones.