The rise in popularity of the Coinbase app is often seen as a sign of renewed retail interest, but thereโs still debate whether retail has truly returned.
Coinbase has climbed to rank 137 in the US Apple App Store in a sign that often heralds retail interest in crypto.
However, the crypto industry is still divided on whether retail investors have truly returned.
Sensor Tower data shows that Coinbase has jumped 65% in the US Apple App Store rankings over the past month, rising from 386 to 137 as Bitcoin (BTC) surged 10% during the same period.
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