#Global cryptocurrency ATM count nears record high#
Hot Topic Overview
Overview
The number of crypto ATMs globally is nearing an all-time high, currently standing at 38,866, just 1,092 machines shy of the peak reached in December 2022. This contrasts with the downward trend seen in April and July 2023, where the number of crypto ATMs declined by 6,873. The United States is home to the most crypto ATMs, accounting for 81.3% of the global total, followed by Europe (4.3%), Oceania (4%), and Australia (3.5%). Bitcoin Depot is the world's largest crypto ATM operator, managing 8,486 machines, followed by Coinflip (5,289) and Athena Bitcoin (3,797). Most crypto ATMs support Bitcoin, followed by Litecoin, Ethereum, and Dogecoin.
Ace Hot Topic Analysis
Analysis
The number of cryptocurrency ATMs globally is nearing an all-time high, currently standing at 38,866, only 1,092 machines short of the peak recorded in December 2022. This trend stands in sharp contrast to the downward trajectory observed in April and July 2023, when the number of cryptocurrency ATMs dropped by 6,873 after reaching a record high, hitting a low of 33,085 on July 1, 2023. Since the beginning of this year, 283 cryptocurrency ATMs have been installed globally, with 157 being added in December alone.The United States leads the cryptocurrency ATM field, accounting for 81.3% of the global total, followed by Europe (4.3%), Oceania (4%), and Australia (3.5%). Bitcoin Depot is the largest operator in terms of ATM count, managing 8,486 ATMs worldwide, followed by Coinflip (5,289) and Athena Bitcoin (3,797).The vast majority of cryptocurrency ATMs (38,855) support Bitcoin, with Litecoin (LTC), Ethereum (ETH), and Dogecoin (DOGE) also enjoying high support levels, at 54.2%, 53.3%, and 27.7%, respectively.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The number of crypto ATMs worldwide is approaching an all-time high, but remains below the peak reached in December 2022.
The United States is the leading market for crypto ATMs globally, accounting for 81.3% of the global total.
Bitcoin Depot is the largest crypto ATM operator worldwide, managing over 8,000 ATMs.
BTC is the most widely supported cryptocurrency, with LTC, ETH and DOGE also supported on many crypto ATMs.