#Number of encrypted ATMs is on the rise.#
Hot Topic Overview
Overview
The number of cryptocurrency ATMs worldwide is rebounding, nearing its all-time high. As of January 11th, 38,866 cryptocurrency ATMs are in operation globally, just 1,092 machines shy of the peak reached in December 2022. The United States leads the world in the number of cryptocurrency ATMs, accounting for 81.3% of the total, followed by Europe at 4.3%. Bitcoin Depot is the largest operator of cryptocurrency ATMs globally, managing 8,486 ATMs. BTC is the most widely supported cryptocurrency, with almost all ATMs offering support. LTC, ETH and DOGE also hold significant positions.
Ace Hot Topic Analysis
Analysis
The number of cryptocurrency ATMs has started to rebound in 2024 after a dip in 2023, and is now close to an all-time high. As of January 11, there were 38,866 cryptocurrency ATMs in operation globally, just 1,092 fewer than the peak in December 2022. The United States is home to the largest number of cryptocurrency ATMs, accounting for 81.3% of the global total, followed by Europe at 4.3%. Bitcoin Depot is the largest cryptocurrency ATM operator in the world, managing 8,486 ATMs. The vast majority of cryptocurrency ATMs support Bitcoin, followed by Litecoin, Ethereum, and Dogecoin. The rebound in cryptocurrency ATM numbers suggests growing interest in cryptocurrency and expanding use cases.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Encrypted ATM numbers are on the rise, nearing 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 largest crypto ATM operator in the world
BTC is the most widely supported cryptocurrency, with LTC, ETH and DOGE also holding important positions