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Published 2 years ago

Net Bitcoin ATMs growth drops globally for the first time ever

Summary by Ground News

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. The United States alone recorded a reduction of 825 ATMs. Despite the setback, data based on 60 days suggest that nearly 14 crypto ATMs are being installed globally per day.

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Net Bitcoin ATMs growth drops globally for the first time ever

Despite the reduction in crypto ATMs, data based on 60 days suggest that nearly 14 crypto ATMs are being installed globally daily.

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Net Bitcoin ATMs growth drops globally for the first time ever

The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net

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Net Bitcoin ATMs growth drops globally for the first time ever

Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network.

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