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Citi Downgrades Robinhood, Says FTX Fallout Will Weigh on Crypto Buying and selling Income

by cryptostandard
in Bitcoin
Reading Time: 1 min read
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The collapse of FTX and the ensuing fallout has quite a few potential implications for Robinhood, the report stated. These embrace the potential liquidation of 56.3 million shares owned by FTX founder Sam Bankman-Fried, the removing of FTX as a possible acquirer, and decrease crypto buying and selling income because of the “substantial worth declines and materials deterioration in investor  confidence.



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Tags: Bitcoin NewsCitiCryptoCrypto NewsCrypto StandardCrypto UpdatesdowngradesFalloutFTXLatest Bitcoin NewsRevenueRobinhoodtradingWeigh
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