After the turmoil in the US banking system last week, more and more people became interested in cryptocurrency exchanges and wallets.
According to data from Apptopia, Silicon Valley Bank shares fell 60% last week, while downloads of the top 10 crypto apps rose nearly 15%. The top 10 programs included Coinbase, Crypto.com, Trust, Binance, Bitcoin and Crypto DeFi Wallet, Blockchain.com, KuKoin, Kraken, eToro and BitPay.
Meanwhile, downloads of the top 10 traditional banking apps fell nearly 5% over the same period. As Techcrunch points out, the inconsistency in downloads points to a general concern among US customers.
Source: Ferra
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
