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Benzinga
Benzinga
Business
Murtuza J Merchant

Robinhood Crypto Trading Volumes Surge In July, But: 'Still Early In The Bull Cycle,' Bernstein Says

Robinhood

Investment firm Bernstein said in a new report that the current digital asset rally remains in its early innings, reaffirming its bullish stance on the broader crypto market despite a drop in second-quarter trading volumes.

What Happened: "We believe we are still early in the crypto bull cycle," Bernstein analysts wrote in a Thursday note following Robinhood‘s (NASDAQ:HOOD) Q2 earnings announcement.

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