Cryptocurrency News
Net Bitcoin ATMs growth drops globally for the first time ever
2022.10.01 06:54
Net Bitcoin ATMs growth drops globally for the first time ever
The domino effect of a prolonged bear market seeped into the (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the first time in history — primarily driven by a slowdown in the United States.
The total number of Bitcoin ATMs installed over time fell to 37,980 in Sept. from an all-time high of 38,776 ATMs in August — resulting in a drop of -2.05%, as evidenced by data from CoinATMRadar.
The number of Bitcoin machines installed over time. Source: CoinATMRadarThe net change of cryptocurrency machines number installed and removed monthly. Source: CoinATMRadar
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