Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan

Robinhood, Coinbase lead crypto stock rout as Trump rejects Iran plan

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enMarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailRobinhood, Coinbase lead crypto stock rout as Trump rejects Iran planPresident Trump reportedly rejected Iran's offer to end the U.S. blockade and open the Strait of Hormuz, sending crude oil prices surging 6%.By Krisztian Sandor|Edited by Stephen Alpher Apr 29, 2026, 4:52 p.m. Make preferred on (Austin Distel/Unsplash/Modified by CoinDesk)What to know: Bitcoin slipped under $76,000 Wednesday, pressured by surging oil prices.Robinhood and Coinbase led far larger declines in crypto-related stocks after the crypto slowdown helped HOOD to miss earnings forecasts Tuesday night.More catalysts are in store for later this afternoon, including the Fed meeting and tech earnings.Crypto-related stocks are tumbling across the board on Wednesday with

Source: https://www.coindesk.com/markets/2026/04/29/robinhood-coinbase-lead-crypto-stock-rout-as-trump-rejects-iran-plan