TechFlow news — On November 14, according to The Block, amid Bitcoin's price surge past $93,000 to a new all-time high, the Coinbase app rose from 435th place on the U.S. Apple App Store before the election to 9th place overall, and first within the finance category. Cash App, which also offers Bitcoin services, currently ranks 30th, while cryptocurrency and stock trading app Robinhood is ranked 13th.
"The ranking of the Coinbase app has historically been seen as a signal of retail users returning to the crypto market," said Steven Zheng, Research Director at The Block. Notably, prior to the bull market peak in October 2021, Coinbase briefly reached the top position on the app store.
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