The global count of Bitcoin ATMs has witnessed a notable increase over the past month, reaching a new peak of over 35,000 operational machines, according to the latest data from Coin ATM Radar.
A Resurgence In Bitcoin ATMs In May
This figure of 35,069 ATMs reflects a significant surge after hovering below the 34,000 mark since March. The source also reveals that in April, a nearly two-year low was recorded with a total of 33,389 Bitcoin ATMs.
Related Reading: Top Crypto Strategist Shares Alarming Bitcoin Price Forecast
Comparing the data to December 2022, when the number of ATMs exceeded 39,000, a decrease is evident despite the rise in the price of Bitcoin (BTC) during that period. As data from CoinATM Radar shows, March alone saw around 3,600 Bitcoin ATMs disconnected worldwide.
The trend had been on a downward…
