Robinhood Markets reported third-quarter 2025 revenue of $1.27 billion, up 100% year-over-year, with net income of $556 million. Cryptocurrency revenue surged 339% to $268 million, representing approximately 20% of total revenue. Diluted earnings per share hit $0.61, exceeding the Wall Street consensus estimate of $0.51 per share.

Bitcoin has fallen below the short-term holder Realized Price of $112,500, increasing the likelihood of further declines toward the Active Realized Price near $88,500, according to Glassnode. The on-chain analytics firm notes that price discounts of this magnitude have historically signaled potential retests of lower structural supports. Bitcoin is currently trading around $103,300, down over 6% in the past seven days.

Ripple has publicly supported the U.S. Federal Reserve's proposed "skinny" master account framework for non-bank financial institutions. Chief Legal Officer Stu Alderoty characterized the limited-access model as a pragmatic compromise that could advance payment innovation while respecting traditional banking sector concerns, according to Reuters.

Robinhood is evaluating whether to add Bitcoin to its corporate balance sheet, Treasurer Shiv Verma said during the Q3 2025 earnings call on Wednesday. Crypto trading accounted for 20% of quarterly revenue after rising 67.5% to $268 million. HOOD stock declined over 10% amid broader weakness in crypto-linked equities.

The Crypto Fear & Greed Index rose from 23 to 27, moving from "extreme fear" to "fear" as Bitcoin stabilized above $100,000. The improvement follows Bitcoin's 22% decline from its $126,000 peak. On-chain metrics suggest potential for recovery as market sentiment gradually eases.

Veteran crypto analyst Trader Mayne maintains his bull cycle thesis remains intact following a billion-dollar liquidation event. He expects Bitcoin to establish a weekly cycle low by mid-November that could enable another rally into year-end. Despite recent volatility, Mayne continues holding a core spot position and focuses primarily on major cryptocurrencies.

Bitcoin is trading around $101,300 as institutional participation in digital assets expands. A joint survey by PwC and the Alternative Investment Management Association shows 55% of global hedge funds now hold cryptocurrency positions, up from 47% a year earlier. Spain's Institute of Technology and Renewable Energies plans to sell 97 BTC acquired in 2012 for under $10,000, now valued above $10 million.

Bitcoin fell to $98,900 during intraday trading before recovering above $101,000, data show. The cryptocurrency broke below its $107,000 support level after trading in a range between that floor and $123,000 for approximately 130 days. The decline triggered roughly $640 million in long position liquidations across futures markets within 24 hours.