The network of active Bitcoin ATMs has dropped by 334 machines in less than 40 days, coinciding with the fall in Bitcoin prices. 📉 In June, 107 BTC ATMs went offline, breaking a 10-month trajectory of increasing installs. The US and Europe have been the main contributors to the global decline, while Australia and Spain continue to expand their networks. This may be due to global regulation to prevent financial crimes.

Bitcoin Depot, the largest ATM operator in the US, said it sees no correlation between cryptocurrency prices and its revenue.