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Live updates: Bitcoin edges higher as Nasdaq surges 1.2%

Live updates: Bitcoin edges higher as Nasdaq surges 1.2%

Bitcoin is showing a slight increase while the Nasdaq rises by 1.2%.

Market participants are anticipating the Fed will maintain current rates on Wednesday, though they are seeking indicators regarding upcoming policy shifts.

Robinhood (HOOD) reported its third-quarter EPS as $0.51, missing analyst projections of $0.55.

The company's total revenue reached $1.424 billion, falling short of the expected $1.43 billion.

Crypto revenue surpassed expectations, registering $120 million compared to the anticipated $114 million.

However, this $120 million figure represents a 55% decrease from the $268 million recorded in the previous year.

Total transaction revenue amounted to $867 million, marking a 19% increase from the same period last year.

Following the report, shares are trading 4.4% lower in after-hours trading.

Earlier coverage

Reported by CoinDesk.