Bitcoin ecosystem makes a U-turn recovery in global ATM installations
— Ecosystem, Atms, Uturn, Recovery, Salvador, Global, Installed, Atm, Makes, Buy, Installations, Crypto, Coin, Bitcoin — 1 min read
June 2022 saw the reversal of the five-month-long downward trajectory for the first time this year. May saw the installation of over 882 ATMs in just the first ten days. China imposing a blanket on crypto trading and mining, too, contributed to the temporary slowdown in the global ATM installation numbers. Data also confirms that there are currently 38,000 operational ATMs installed around the world at the time of writing. Out of the lot, the United States represents 87.9% of the total crypto ATM network, i.e., 33,403 ATMs. While ATM transactions do not contribute to the overall liquidity of the Bitcoin network, it helps investors procure crypto assets against fiat currencies. Source