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Net Bitcoin ATMs record an increase after 4 months of global downtrend

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© Reuters

Breaking the year-long worldwide trend of declining (BTC) and crypto ATMs, May recorded a steep increase, with nearly 1,400 net installations.

The total number of crypto ATMs consistently declined in the first four months of 2023. During the timeframe, major economies like the United States contributed to the dwindling numbers, but Australia, Poland and Spain increased crypto ATM installations.

A histogram chart shows the net change of cryptocurrency machine numbers installed and removed monthly. Source: Coin ATM Radar

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