Crypto Token Tracker logo Crypto Token Tracker logo
CryptoIntelligence 2024-05-22 12:02:23

Global Bitcoin ATM Numbers Decline for the First Time Since July 2023

For the first time since July 2023, the number of active Bitcoin ATMs worldwide has decreased. The United States and Canada dominate the Bitcoin ATM landscape, accounting for 91.4% of the global network. The U.S. hosts 31,089 (82.6%) machines, while Canada has 2,909 (7.7%). In 2024, countries worldwide significantly contributed to the month-on-month increase in Bitcoin ATMs, nearly reaching the 38,000 mark lost in January 2023. However, the 10-month-long global growth streak ended when over 300 ATMs went offline in May 2024. As of May 21, the U.S. market saw a loss of 302 Bitcoin ATMs, and Canada lost 28

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.