Coinbase Is The Most Downloaded iOS App In The US

Major United States-based cryptocurrency exchange $Coinbase (COIN.US)$  is now the most downloaded mobile application for $Apple (AAPL.US)$  mobile devices, overtaking giants such as TikTok, YouTube and Instagram.
Since its launch in 2014, Coinbase's iOS application has seen almost 1.5 million downloads and a sudden increase in downloads over the last 48 hours.
The news follows recent reports suggesting that Coinbase's stock is currently following Bitcoin into consolidation and Citi analyst Peter Christiansen predicting that its price is headed towards $415.
Coinbase is the second most popular app in the United States on $Alphabet-C (GOOG.US)$ $Alphabet-A (GOOGL.US)$ Play Store. $Block (SQ.US)$  crypto-enabled payment app Cash App ranks fifth and Crypto.com ranks seventh.