Robinhood Sinks 12%, SoFi Tumbles 9%, Affirm Drops 8% as Bitcoin Slides and Democratic Congress Weighs on Fintech

Robinhood Sinks 12%, SoFi Tumbles 9%, Affirm Drops 8% as Bitcoin Slides and Democratic Congress Weighs on Fintech

Crypto is bleeding and a new Congress is circling, but the sharpest fintech selloff is not hitting every name equally. Why are PayPal and Block holding up while the growth darlings take the heat, and who in Washington is setting the stakes?

Bitcoin's Plunge Below $76,000 Hammers Robinhood (NASDAQ: HOOD) And SoFi (NASDAQ: SOFI) As Crypto-Linked Stocks Take The Worst Of A Broad Market Rout

Bitcoin’s swift reversal below $76,000 triggered a cascade through crypto-adjacent fintech names, exposing just how tightly some platforms remain bound to digital asset sentiment. Robinhood Markets (NASDAQ: HOOD) bore the sharpest pain, shedding 10% in a single session as investors unloaded the stocks most sensitive to trading activity and risk appetite. The selloff erased Bitcoin’s […]

Bitcoin Sinks to 11-Week Low After Democratic Sweep and Wall Street Crash: Weekly Crypto Recap

The total crypto market cap is down by roughly $200 billion in 10 days.

Robinhood Stock Plunges as Bitcoin Dips After Elections

Robinhood Markets shares are plummeting Thursday as crypto-linked stocks slide with Bitcoin while investors digest the midterm results.