Why is HOOD stock down today?

HOOD stock is falling as Bitcoin weakness points to softer crypto trading volumes and slower retail risk-taking. Lower engagement can pressure transaction-based revenue and near‑term margins. Until Bitcoin steadies and activity improves, shares can remain choppy on headlines and macro signals tied to digital assets.

How does Bitcoin affect Robinhood stock?

Bitcoin drives interest and trading volumes for many Robinhood users. When Bitcoin rises, activity and spreads tend to improve, lifting transaction revenue. When Bitcoin drops, orders slow and volumes thin, which can weigh on Robinhood stock and compress near‑term growth expectations for the brokerage.

What price levels matter for the HOOD stock price this week?

Key reference points include the 200‑day average near $103.72 and the 50‑day near $117.88. On the downside, recent price action around $98 to $100 is a focal support zone. A sustained move back above the 200‑day could improve momentum, while continued closes below it keep pressure on shares.

When is Robinhood’s earnings report and what should investors watch?

Robinhood reports on Feb. 10. Watch active users, net interest income, and crypto and options trading volumes. Commentary on early first‑quarter trends and the crypto mix will be important. Guidance on costs and engagement can shape margin outlooks and near‑term sentiment for the stock.

Global Market Insights

HOOD Stock Today, February 3: Bitcoin Rout Slams Volumes, Shares Sink

ByHuzaifa Zahoor February 4, 2026February 4, 2026

HOOD stock fell today as Bitcoin weakness weighed on risk appetite and crypto trading activity. Shares of HOOD are sensitive to crypto volumes, and a softer tape in BTCUSD often pressures transaction revenue. With the HOOD stock price hovering near recent support and key earnings due next week, investors are reassessing near‑term momentum. We break down what Bitcoin weakness means for Robinhood stock, the levels to watch, and the catalysts that could reset the story in the US market.