This contrasts with the 4,169 ATMs added in the year's first half.
A bear market and geopolitical tensions may have hindered the growth of the cryptocurrency ecosystem, leading to a decrease in the installation of new Bitcoin ATMs in some countries. However, Spain and Australia have taken the lead in installing these machines, with the US and Canada still hosting the largest. El Salvador, previously in third place, has now fallen to fifth.
While some manufacturers saw a decline in ATM installations, others reported a steady increase. Despite a slowdown, sub-ecosystems like Bitcoin ATMs are still well-positioned for recovery as crypto investors return to the market.
