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International Business Times UK
International Business Times UK
Angelo dela Dingco

Bitcoin Crash Adds Pressure on SoFi Stock as Fintech Investors Face Double Whammy

SoFi faces a double whammy as Bitcoin continues its slide. (Credit: www.sofi.com)

SoFi Technologies offered crypto trading services in 2019 but stopped processing crypto orders in December 2023. On 11 November 2025, the one-stop shop for digital financial services relaunched crypto trading. The timing might not be the best for the fintech stock as Bitcoin is in freefall this month.

According to some news reports, Bitcoin has lost an estimated $800 billion in value since topping $123,500 in early October. Meanwhile, SoFi boasts that it is the first and only nationally chartered bank where consumers can bank, borrow, invest, and now trade cryptocurrencies, especially BTC.

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