The collapse of Silicon Valley Bank (SVB) has caused a major shakeup in the crypto world, leading to a surge in downloads for popular crypto apps. The rise in downloads, which has exceeded 15%, suggests that more investors are seeking digital assets as a safe haven amidst the instability of traditional banking. As a result, several leading crypto apps have experienced a considerable increase in downloads, highlighting the growing significance of digital assets for investors.

Among the top 10 apps experiencing a boost in downloads are:

• Coinbase

• Crypto.com

• Trust, Binance

• Bitcoin and Crypto DeFi Wallet

• Blockchain.com

Coinbase is one of the most well-known apps for buying, selling and managing cryptocurrency, and it became the world’s most valuable crypto company in 2021 with a market valuation of $100 billion. Crypto.com is another popular option for both retail and institutional investors, offering an app for buying, selling, storing, and transferring cryptocurrency. The platform’s MCO Visa card also enables users to spend cryptocurrencies in everyday life.

Trust is a secure crypto wallet that allows users to store, send, and receive cryptocurrencies. Its app is user-friendly and provides access to various crypto services and features, making it a solid option for investors. Binance is another popular crypto app that allows users to buy, sell, and manage cryptocurrency, as well as trade various digital assets, making it a good choice for diversification.

Bitcoin and Crypto DeFi Wallet is an app that simplifies the management and accessibility of decentralized finance (DeFi) assets. The app also provides crypto-based lending, staking, and trading services, making it an attractive option for those exploring the world of digital assets. Finally, Blockchain.com is one of the oldest crypto wallet and exchange apps, providing users with access to a variety of crypto services and features, and is a great option for those looking to get started in the crypto space.

Popular app KuKoin is used to buy and sell a variety of digital assets, as well as to access a range of crypto services and features.

Kraken is one of the leading cryptocurrency exchanges and its app has seen a big jump in downloads. The app allows users to access a wide range of crypto services and features, as well as to buy, sell and manage digital assets.

eToro and BitPay are two of the leading crypto payment app providers. Both apps have seen a big jump in downloads, with over 10% combined increase. They make it easy to buy, sell and manage cryptocurrency, as well as to make payments in crypto.

Further report shows that the global market cap for all cryptocurrencies increased 8.3% during the same time period to about $1.1 trillion, slightly down from a weekly high of $1.14 trillion on Tuesday.

The surge in downloads of these top cryptocurrency apps following SVB’s collapse shows that investors are looking to protect their investments and are turning to the safety of cryptocurrency apps. With a wide range of crypto services and features available, these apps are becoming increasingly popular with investors looking to explore the world of digital assets.

The collapse of Silicon Valley Bank has caused a significant impact on the cryptocurrency market, with more investors turning to digital assets as a safe haven due to the instability of traditional banking. This has resulted in a surge in crypto app downloads and increased trust in the industry, with several popular crypto apps experiencing significant growth. Cryptocurrencies are increasingly viewed as a secure alternative investment with potential for high returns, and the market is expected to continue to expand in the future.