The number of Bitcoin (CRYPTO: BTC) ATMs in the U.S. has jumped 26% since this time last year. This is indicative of the growing popularity of Bitcoin and other cryptocurrencies in the country.
What Happened: Data from Coin ATM Radar shows that there are 33,681 Bitcoin ATMs in the U.S. — making it the country with the largest number of BTC ATMs. Nearly 3,522 new ATMs were installed since the beginning of this year. This is despite the overall bearishness of the crypto market so far this year.
See Also: What is Bitcoin and How Does it Work?
With more ATMs being installed, it will become easier for people to buy and sell cryptocurrencies in the country.
Canada is at the second spot, with 2,549 Bitcoin ATMs — a 28% increase from last year. The country has seen nearly 400 Bitcoin ATMs installed this year. It's been nine years since the first Bitcoin ATM was installed.
Price Action: Bitcoin was trading at $20737.69, down by 0.80% in the past 24 hours, at the time of writing, according to Benzinga Pro.
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