According to Odaily, a report from Bitcoin News on platform X indicates a stagnation in the growth trend of Bitcoin ATMs in May. Over 300 machines were shut down in the United States, which accounts for 80% of the global Bitcoin ATM market. This situation signifies an end to the 10-month expansion trend of Bitcoin ATMs. The reasons behind this stagnation and the future implications for the Bitcoin ATM market remain unclear.
Stagnation in Bitcoin ATM Growth Observed in May
![](https://public.bnbstatic.com/image/pgc/202211/ff39a105a210ecd0a61407a69ad82dbd.jpg)
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