Robinhood stock slumps on earnings, bitcoin prices rebound

Let's get a check on cryptocurrencies brought to you by the National cryptocurrency Association. We are seeing Bitcoin have a little bit of strength today, uh up above 76,000 once again, but sort of in the upper part of the range where we have seen it as of late.

Like everyone, uh crypto traders are going to be watching what we hear uh any more developments on the warsh confirmation. Of course, we got that vote moved out of committee.

And then of course, what's going to happen with the Fed later on today. And then also, you know, what happens with Big Tech earnings since that's pertinent for overall sort of risk appetite in the market.

We're also watching crypto related earnings. Robin Hood reporting after the close yesterday and seeing some weakness in its crypto business. On the flip side, some of its other divisions growing well, the new event contracts, aka prediction markets, uh performing better for Robin Hood and other parts of its trading business as well.