Robinhood's July crypto trading volume drops 62% year-over-year to $10.9 billion

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According to ChainCatcher, Robinhood’s crypto trading volume in July fell 62% year-over-year to $10.9 billion. Monthly transaction volume dropped 33%, with the Robinhood app’s trading volume declining 74% year-over-year to $4.3 billion. Bitstamp’s transaction volume also decreased 45% to $6.6 billion.

ChainCatcher report, according to The Block, Robinhood's crypto notional trading volume in July decreased by 33% month-over-month and by 62% year-over-year to $10.9 billion. Among this, crypto notional trading volume on the Robinhood app fell by 74% year-over-year to $4.3 billion, while Bitstamp's volume dropped by 45% to $6.6 billion.

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