Global Bitcoin ATMs will skyrocket
Brandon Mintz, Bitcoin (BTC) CEO of Bitcoin operator ATM Depot, predicts the number of global Bitcoin ATM installations will skyrocket after the Bitcoin halving.
Mintz predicts that the period after halving, when crypto FOMO (fear of missing out) is typically high, will drive demand for Bitcoin ATMs to increase.
In 2023, crypto ATM installations experienced an annual decline for the first time in a decade, likely due to a bear market exacerbated by the collapse of several cryptocurrency companies. electronic.
However, the start of 2024 has shown promising signs, with 1,469 crypto ATMs installed in the first three months alone, compared to more than 3,000 removed during the same period in 2023, according to data. from CoinATMRadar.
