clock menu more-arrow no yes mobile

Filed under:

Coinbase is now the No. 1 iPhone app in the U.S.

Thank $18,000 bitcoin.

Rani Molla is a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade — often in charts — including at Bloomberg and the Wall Street Journal.

The crazy spike in the value of a bitcoin — from around $1,000 at the beginning of this year to more than $18,000 today, according to CoinMarketCap — has made Coinbase, an app that lets you buy, sell and store bitcoin, a winner. As of this afternoon, it is now the most-downloaded iPhone app in Apple’s U.S. app store.

And like the recent surge in bitcoin prices, it’s been a pretty quick rise:

Coinbase is the most-dowloaded app on the App Store

Good timing: Coinbase CEO Brian Armstrong just made our inaugural Recode 100 list.


This article originally appeared on Recode.net.

Sign up for the newsletter Sign up for Vox Recommends

Get curated picks of the best Vox journalism to read, watch, and listen to every week, from our editors.