The bear market for Bitcoin (BTC) and all other cryptocurrency has dragged down Coinbase, the US’s most popular cryptocurrency exchange. Prices continue to plunge moving into Q3 of 2018, and the exchange’s download ranking for its Coinbase app has suffered because of this.

Dropping Hype

The Coinbase app has fallen to the download level it experienced in April of last year. In December, Coinbase soared to the very top of the US finance apps, in terms of downloads, as Bitcoin (BTC) hit its all-time record high. Since then, Bitcoin has lost around two-thirds of its value. …

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