HOOD is trading at $73.10 (-3.95%) as the stock tracks a broader decline across the cryptocurrency market, which continues to drive exchange volumes.
- Major digital assets are seeing downward pressure, with BTC falling 1.97% and SOL dropping 3.50% since the last close.
- The stock's price action remains closely tied to crypto sentiment, with no new company-specific catalysts reported in today's session.
- Markets have already priced in recent growth data, including the surge in January assets under custody to $324B.