Why Did Robinhood Stock Pop Today?

What goes down must come back up. This is the hope of cryptocurrency traders -- and also of Robinhood (NASDAQ: HOOD) investors.

Yesterday if you recall, Robinhood stock tripped and fell more than 4% after traders sold off cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and especially Solana (CRYPTO: SOL). Worries that China might crack down on "illegal activities involving" stablecoins spooked crypto traders, and because crypto trading is the fastest growth segment of all trading at Robinhood, investors in the online brokerage worried a rush to the exits in crypto could hurt Robinhood's growth rate.

But what happens if crypto traders don't flee the market?

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Source Fool.com