Bitcoin ATMs Increasing Despite Bear Market

Data in a report published by coinatmradar shows that the number of Bitcoin (BTC) ATMs continues to grow at a steady rate of 3.6%. Despite 2018’s bearish sentiment and November and December’s sudden capitulation, the number of Bitcoin ATMs being deployed worldwide continues to grow.

The monthly report covers November. Final figures for Bitcoin ATMs worldwide:

Period Start: 3906, Period End: 4047
Opened: 209, Closed: 68, Net Growth: +141(3.6%)

Other digital assets have seen some love, too. Ethereum (ETH) supported ATMs went up by almost 8% in November.

coinatmradar Report

While the market may dictate media content/sentiment driven by FUD and bears, it’s business as usual for many vendors in this space.

Would you use a digital asset ATM? Why/why not? Let us know in the comments below.

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