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TechFlow reported that Robinhood's cryptocurrency revenue has recently started to decline.
Data shows that in Q3 2023, cryptocurrency revenue was $23 million, the lowest level in three years. In contrast, the platform reached a record high of $233 million in a single quarter back in 2021.
Cryptocurrency revenue for the financial platform Robinhood has recently begun to decline. Data shows that cryptocurrency revenue in Q3 2023 was $23 million, the lowest level in three years. In contrast, the historical peak reached $233 million in a single quarter back in 2021.
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