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Robinhood Cryptocurrency Trading Volume Jumps 95% in January

Robinhood reported cryptocurrency trading volumes up 95% in January to $3.7 billion from the previous month.

Notional Trading Volumes — which are the primary driver of transaction revenues — were higher in January for equities, options and crypto from December 2022. Equities were $46 billion, up 19% and option contracts were 82.9 million, up 10%, the company said in a statement.

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