Bitcoin ATM (BTC) On The Rise


The cryptocurrency community has grown enormously over the years and one of the goals for 2019 is that it grows even more. The more people use cryptocurrency and are aware of it, the more precious these cryptocurrencies can become. One metric that the community used to evaluate the interest was to keep track of how many Bitcoin ATMs are installed globally.

Break down the numbers

2019 has already started off, like 34 Bitcoin ATMs have been installed in the first week A website that records these installations, Coin ATM Radar, apparently saw an increase in installations. The Web site allows users to find where Bitcoin ATMs are located around the world, which is obviously extremely useful for cryptocurrency investors and traders traveling around the world.

This brings the total number of ATM Bitcoins to 4155. There are 75 separate countries that have machines, which means that about 60% of the world's countries have a BItcoin ATM of some sort. Coin ATM Radar also allows users to look for ATMs even through cryptocurrency.

About The Info

It is also important to note that this growth of ATM Bitcoins is happening at a time when many consider the cryptocurrency markets to be rather bearish. As for the context, Bitcoin is far from its highs over $ 19,000, and currently hovers around ⅕ of that price – under $ 4000. However, the fact that Bitcoin ATMs are on the rise show some promise about mass adoption.

Despite the fact that the markets were bearish in 2018; has not stopped ATM Bitcoin from growing literally 100%, doubling in 2018 to 4,000, from 2,000 in 2017. Cryptocoinspy too reported in December that the Bitcoin subreddit has reached even 1 million subscribers, indicating more interest than ever in the digital resource.

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