#The number of encrypted ATMs is nearing an all-time high.#
Hot Topic Overview
Overview
The global number of cryptocurrency ATMs is nearing an all-time high, reaching 38,866 machines, only 1,092 fewer than the peak in December 2022. The United States has the largest number of crypto ATMs, accounting for 81.3% of the global total, followed by Europe at 4.3%. Bitcoin Depot is the largest global cryptocurrency ATM operator, managing 8,486 machines. BTC is the most widely supported cryptocurrency, available in almost all ATMs, with LTC, ETH, and DOGE also holding significant positions.
Ace Hot Topic Analysis
Analysis
The global number of crypto ATMs is approaching an all-time high, currently sitting at 38,866, only 1,092 fewer than the peak in December 2022. This is in stark contrast to the downward trend seen in April and July 2023, when the number of crypto ATMs declined significantly. The United States is the dominant player in the crypto ATM space, 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, managing 8,486 ATMs, followed by Coinflip (5,289) and Athena Bitcoin (3,797). The vast majority of crypto ATMs support Bitcoin, followed by Litecoin, Ethereum, and Dogecoin. The growth in the number of crypto ATMs suggests a growing interest in cryptocurrencies and a rising demand for using them for transactions.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The number of crypto ATMs is nearing an all-time high, indicating continued interest in cryptocurrencies.
The United States is the dominant market for crypto ATMs, accounting for over 80% of the global total, demonstrating its leadership in the cryptocurrency space.
Bitcoin Depot is the world's largest crypto ATM operator with over 8,000 machines, signifying its dominance in the industry.
BTC is the most widely supported cryptocurrency on crypto ATMs, with LTC, ETH, and DOGE also holding significant positions, indicating the popularity of these cryptocurrencies.