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Trading app Robinhood adds two new cryptocurrencies despite bear market

“Despite a sluggish cryptocurrency market, stock trading app Robinhood is adding two new digital currencies to its platform” writes Kate Rooney for cnbc.com. The market capitalization of the entire digital currency market has fallen 60 percent this year, according to data from CoinMarketCap.com. Rumors about Coinbase adding XRP to the platform pushed up the price of that cryptocurrency early this year.Other popular trading platforms, including Coinbase have seen pressure from investors looking to trade more cryptocurrencies.The other digital currency bitcoin cash has dropped more than 72 percent in the same time frame, and was trading near $682 Thursday.
 
Source: cnbc.com



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