Bitcoin Surge Above $44K Boosts Robinhood as Top Crypto Trading App
• Bitcoin has surged above $44,000 for the first time since April 2022, benefitting Robinhood
• Robinhood CEO Vlad Tenev said crypto trading volumes were up 75% in November vs October
• Tenev cited increased institutional interest, end of Fed rate hikes, and inflation hedge as bitcoin price drivers
• Bitcoin is the most popular recurring investment on Robinhood
• Tenev said crypto technology promises to reorganize the financial system by decentralizing power