Published on July 10th, 2018 | by bitcoin0
Popularity for Coinbase app drops and bitcoin declines
The bear market for bitcoin and other virtual tokens has dragged down Coinbase, a digital-asset exchange and darling of the crypto-startup world.
The drop reflects the fleeting fancy of retail traders that comprise most of the buying and selling in crypto markets.
In December, Coinbase soared to the top spot for US finance apps, in terms of downloads, as bitcoin rocketed to a record of more than $19,000, according to App Annie data.
Of course, the app isn’t the only way customers access Coinbase—they can use its website.
This year, you would be hard pressed to find a fiat currency that has performed worse than bitcoin.