Mobile cryptocurrency apps have jumped towards the top of App Store rankings amid a surge for Bitcoin and other crypto prices, resulting in a major increase in the overall market cap for all coins—surpassing $3 trillion earlier this week.
Coinbase leads the charge, jumping from #26 on Election Day to #1 on Friday in the Free Finance category of Apple’s App Store for iOS devices. The ranking boost aligns with significant spikes in trading volume on the exchange, which surpassed more than $12 billion on Nov. 12, marking the highest volume day recorded this year according to data from CoinGecko.
Other major crypto apps like Robinhood and Crypto.com followed in Coinbase’s footsteps, making leaps inside the top 10 in the same category.
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Nov 16 2024
