Robinhood Crypto Trading Volume Drops 33% in July as Market Activity Cools

BitcoinWorld Robinhood Crypto Trading Volume Drops 33% in July as Market Activity Cools Robinhood’s cryptocurrency trading volume fell sharply in July, reflecting a broader slowdown in retail digital asset activity.

According to data reported by The Block, the company’s nominal crypto trading volume reached $10.9 billion last month, a 33% decline from June and a 62% drop compared to the same period last year.

Breaking Down the Decline The decrease was felt across both of Robinhood’s trading platforms. Volume executed directly within the Robinhood app fell to $4.3 billion, down 74% year-over-year.

Meanwhile, Bitstamp, the crypto exchange Robinhood acquired in 2024, handled $6.6 billion in volume, a 45% decrease from a year earlier. The figures highlight how quickly retail interest can shift in the crypto market.