The number of new Bitcoin ATMs has been growing and now, we can see that a lot of new BTC cash machines have been rolled out all around the globe. Currently, there are more than 8,000 Bitcoin ATMs which passes the 7,000 mark reported in March in our Bitcoin news.
So, the total number of Bitcoin ATMs has recently passed 8,000 on a worldwide manner, and it is continuously reported by the monitoring resource CoinATMRadar. Details from their website show that there are around 8,208 ATMs in 73 countries allowing users to buy and sell Bitcoin (BTC) and altcoins in cash.
What is also impressive in the crypto news is that while there are many new Bitcoin ATMs, more than 6,000 of the existing Bitcoin cash machines are located in the United States. Depending on the specific ATM, crypto holders can purchase and withdraw cryptocurrencies such as Bitcoin (BTC), Ether (ETH), Zcash (ZEC), Monero (XMR), Litecoin (LTC), Dogecoin (DOGE), Tether (USDT) as well as Ripple’s XRP token.
The growing number of new Bitcoin ATMs is rising. In fact, we can see a 17% increase in new cash machines since March, when we reported that there were more than 7,000. The number may show a growing public demand for cryptocurrency.
Still, a lot of this growth is attributed to the United States, which is still probably the most developed market for Bitcoin (BTC) withdrawing and spending. According to CoinATMRadar’s data, the number of new Bitcoin ATMs in Switzerland and the United Kingdom actually decreasedi n 2020, while Spain stagnated with 71 machines in total.
Anyways, all of this is good news for cryptocurrency HODLers and people who want to cash out their Bitcoin and other cryptocurrencies. Compared to five years ago, the number of Bitcoin ATMs around the globe has increased a lot and we can see that adoption is clearly coming in this industry and sector.
And while there are new Bitcoin cash machines installed all around the world, the Bitcoin (BTC) price is still stagnating at $9,500 which is the new position it managed to acquire over the past couple of days. At this point, traders are unsure whether BTC has the potential to cross $10,000 and drag many altcoins along in a new green wave.
DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]