Over 2,000 new Bitcoin ATMs installed globally in 2024
Last year – 2024 – proved outstanding for cryptocurrencies as multiple digital assets broke to new all-time highs (ATH), U.S. regulators approved multiple spot Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs), and Americans voted in the most blockchain-friendly administration and legislature to date. As Finbold research found, such positive developments also brought an increase in the number of Bitcoin ATMs installed worldwide by 2,217 within 366 days – a 6.02% year-over-year (YoY) rise. The United States remained dominant, commanding an impressive 81.27% of the market share. It entered the new year with 31,505 machines—3.6% or 1,094 more than on January 1, 2024—to the world’s 38,768, per the data Finbold retrieved from Coin ATM Radar . Growth in BTC ATMs in 2024 demonstrated the correlation between the crypto market’s bull cycle and worldwide interest in digital assets infrastructure. U.S. remains dom...