Key Takeaways
- Coinbase app surges to top 10 in U.S. Apple App Store.
- Bitcoin rally fuels 87% odds Coinbase will remain top 10 on Friday.
- Coinbase ranks 1st in U.S. finance category, Cash App 3rd.
Coinbase has rocketed back into the U.S. Apple App Store’s top 10, climbing from 435th place on November 5, the day before the U.S. election, to 8th place on Wednesday as bitcoin prices hit record highs above $93,000.
As of Thursday, Coinbase ranks 9th in the “Free iPhone Apps” category and holds the top spot in the finance section, with Cash App and Robinhood trailing in 3rd and 13th positions, respectively.
This ranking surge follows Donald Trump’s pro-bitcoin election victory on November 6, during which he promised new bitcoin policies, including a national bitcoin reserve and reduced regulatory scrutiny. The market has responded positively, fueling a crypto rally that saw bitcoin trade above $91,000, a 4% rise in the past 24 hours.
Coinbase’s previous surge
Coinbase last reentered the App Store’s top 100 in March as bitcoin reached nearly $74,000, spurred by the introduction of U.S. spot bitcoin ETFs.
However, it slipped in ranking amid a market cooldown but has now reentered the top 10 as bitcoin once again nears new highs.
Polymarket’s prediction
Polymarket, a decentralized predictions platform, currently shows an 87% chance that Coinbase will remain in the App Store’s top 10 on Friday.
In prior cycles, Coinbase’s app ranking has signaled surging retail interest, often coinciding with peak crypto market activity.
Coinbase Wallet has also climbed to 14th in finance, though it still lags behind Cash App in the U.S. Google Play Store, where Coinbase ranks 95th.
Bitcoin is currently trading at $91,325, up 116% for the year.
