Robinhood’s Crypto Revenue Doubles Amid Market Contraction

U.S. economic growth faltered in Q1 as President Trump’s tariffs took effect, marking the first quarterly contraction in three years. Equity markets mirrored the downturn, delivering the worst presidential administration opening performance since 1974.

Robinhood bucked the trend with stronger-than-expected earnings, revealing a 100% year-over-year surge in cryptocurrency revenue. This crypto outperformance sets expectations for upcoming earnings reports from blockchain-focused firms including Block and Riot Platforms.

Tech giants Microsoft and Meta similarly exceeded analyst forecasts, suggesting resilience in digital asset sectors despite broader macroeconomic headwinds. The crypto market’s divergence from traditional assets continues to draw institutional attention.