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Cryptocurrency 3 February 2026 - 4 February 2026

Robinhood stock sinks nearly 10% as Bitcoin slides below $80,000 ahead of Feb. 10 earnings

Robinhood stock sinks nearly 10% as Bitcoin slides below $80,000 ahead of Feb. 10 earnings

Robinhood shares dropped 9.62%, closing at $89.91 on Monday, dragged down by bitcoin’s slide even as the broader market gained. The retail broker, which earns most of its revenue from payment for order flow — fees for routing customer trades — faced investor concerns that the crypto slump could dampen trading volumes. Trading volume surged to 59 million shares, roughly 136% above its three-month average. Meanwhile, Charles Schwab and Interactive Brokers Group both closed higher.
Bitcoin breaks below $75,000 as forced selling piles into crypto slide

Bitcoin breaks below $75,000 as forced selling piles into crypto slide

Bitcoin dipped to roughly $74,600 in early Asian trading Wednesday, deepening a steep crypto sell-off that forced many out of leveraged positions. Data from CoinGlass revealed $2.56 billion worth of bitcoin positions wiped out in the past few days. Adam McCarthy of Kaiko noted that “people [are] taking a step back while they have to reassess their risk frameworks.”
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