Cryptocurrencies, with several digital assets reaching new all-time highs in several spots. Bitcoin (BTC) and Ethereum exchange-traded funds are approved by U.S. Regulators, and Americans elect the most blockchain. Bitcoin ATM surge Friendly government and legislature to date. However,According to Finbold research, these encouraging trends also resulted in 2,217 more. Bitcoin ATMs are being installed globally in just 366 days, or a 6.02% YoY increase.
US Dominates Bitcoin ATM Market in 2024
The United States maintained its dominance, with a remarkable 81.27% market share. The rise in Bitcoin ATMs in 2024 showed how the bull market. Cryptocurrencies and global demand for digital asset infrastructure are related. In 2024, the United States maintained its dominance. However, Bitcoin ATM surged in the Bitcoin ATM market, holding a significant 81.27% share at the start of the year. Despite a global downturn in the cryptocurrency markets, the US continues to lead the world in installing Bitcoin ATMs.
This dominance highlights the relationship between the cryptocurrency bull market and global demand for digital asset infrastructure. As Bitcoin adoption grows and interest in digital assets increases, the US remains a key player in providing accessible services for cryptocurrency users. However, The country’s infrastructure supports the continued expansion and development of Bitcoin-related technologies globally.
Europe’s Steady Bitcoin
Although not an all-time high, the 38,768 registered on January 1, 2025, is still a sizable number, especially considering that there were only 33,076 Bitcoin ATMs overall in July 2023. Furthermore, Europe continues to be intriguing as the only significant region with steady growth in the number of Bitcoin ATMs, even with its tiny market share.
In particular, Europe had a steady increase, in contrast to the global and U.S. figures, which saw a sharp decline during the When 116 new ATMs were installed across the continent in 2024, the trend finally continued. In absolute terms, the figure is small, but it represents a respectable 7.5% annual growth, allowing Europe to grow its global market share from 4.23% to 4.29%, in part at the expense of the still-dominant United States, whose commands dropped from 83.2% at the beginning of 2024 to 81.27% at the beginning of 2025.
Bitcoin ATM Surge
Elsewhere, the data reveals another interesting fact about the 2024 cryptocurrency bull market: despite multiple digital assets, including Bitcoin, hitting their ATHs in the second half of the year, most ATM installations took place in the first and second quarters. By late April, as Finbold reported at the time, there were 1,942 new BTC ATMs in the world. however, This means that between January and April, an average of 485 machines were installed monthly.
December, the number collapsed to 34. In 2024, Bitcoin ATM installations surged globally, with 2,217 new machines added, a 6.02% year-over-year increase. Most installations occurred in the first half of the year, peaking in April with 1,942 new ATMs. The growth reflects the growing demand for digital asset infrastructure amid a cryptocurrency bull market.
Summary
The cryptocurrency market experienced tremendous expansion in 2024, as U.S. Regulators approved Bitcoin ETFs. Bitcoin and Ethereum hit new all-time highs. Bitcoin ATMs surged Due to this momentum, there are now 2,217 Bitcoin ATMs worldwide, a 6.02% increase from the previous year.
With 81.27% of the global market share, the US remained the market leader. Bitcoin ATMs demonstrate the link between the bull market and the growing need for digital asset infrastructure. However, Despite maintaining a small market share, Europe saw consistent growth, increasing by 7.5% annually. Strong early-year demand is indicated by the fact that most. Bitcoin ATMs were installed in the first half of the year.
