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Crypto trading volumes recorded on Robinhood Markets Inc. more than halved in April, outpacing the decline seen on rival exchanges as digital-asset appetite among retail investors cooled. Crypto notional trading volumes were $10.1 billion last month, Robinhood said in an operating report on Wednesday, down 57% from March’s volumes of $23.6 billion. It was ...
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On Thursday (May 16), Bitcoin (BTC) declined by 1.47%. Partially reversing a 7.44% rally from Wednesday (May 15), BTC ended the session at $65,198. US inflation and retail sales figures from Wednesday (May 15) fueled investor bets on a September Fed rate cut. Hopes of a Fed rate cut drove buyer demand for riskier assets. However, FOMC member commentary on ...