eToro profit plunges 74% as crypto market cools
* eToro’s Q3 net profit was only around $15 million, down 74% from $57 million in the same period last year.
* The main reason was a sharp decline in cryptocurrency trading activity.
* The slowdown in the crypto market directly affected revenue and business results for multi-asset trading platforms.
#BinanceSquare #CryptoNews #BTC #ETH #eToro MarketUpdate
$btc $eth
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Source: NewsBTC
* eToro’s Q3 net profit was only around $15 million, down 74% from $57 million in the same period last year.
* The main reason was a sharp decline in cryptocurrency trading activity.
* The slowdown in the crypto market directly affected revenue and business results for multi-asset trading platforms.
#BinanceSquare #CryptoNews #BTC #ETH #eToro MarketUpdate
$btc $eth
vlikevn Titanbot
Source: NewsBTC