#Number of encrypted ATMs rebounds#
Hot Topic Overview
Overview
The number of crypto ATMs worldwide is rebounding and nearing its all-time high, with 38,866 crypto ATMs operational as of January 11, just 1,092 shy of its peak in December 2022. The United States is home to the most crypto ATMs, accounting for 81.3% of the global total, followed by Europe, Oceania, and Australia. Bitcoin Depot is the largest crypto ATM operator globally, managing 8,486 ATMs, followed by Coinflip and Athena Bitcoin. The majority of crypto ATMs support Bitcoin, followed by Litecoin, Ethereum, and Dogecoin.
Ace Hot Topic Analysis
Analysis
The number of cryptocurrency ATMs, which had slumped in 2023, has begun to rebound in 2024 and is now nearing its historical peak. As of January 11, there were 38,866 cryptocurrency ATMs in operation worldwide, just 1,092 fewer than the peak in December 2022. The United States has the largest number of cryptocurrency ATMs, accounting for 81.3% of the global total, followed by Europe at 4.3%. Bitcoin Depot is the world's largest cryptocurrency ATM operator, managing 8,486 ATMs. The vast majority of cryptocurrency ATMs support Bitcoin, followed by Litecoin, Ethereum, and Dogecoin. The rebound in the number of cryptocurrency ATMs suggests that people's interest in cryptocurrencies is continuing to grow and the use cases for cryptocurrencies are expanding.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Encrypted ATM numbers are rising and are close to an all-time high.
The US is the main market for crypto ATMs, accounting for 81.3% of the global total.
Bitcoin Depot is the world's largest crypto ATM operator.
BTC is the most widely supported cryptocurrency, while LTC, ETH and DOGE also hold significant positions.