Crypto ATM Count Increases by More Than 4,000 in 2022 Amid Ongoing Digital Asset Bear Market

New data reveals that the number of crypto ATMs grew in 2022 despite a tumultuous year for the digital assets industry. According to Coin ATM Radar, an ATM-tracking app, the number of Bitcoin (BTC) ATMs has increased by a staggering 506% since January 2020, when there were 6,362 BTC ATMs. The data shows there are currently 38,601 Bitcoin ATMs, an increase of about 6,000 machines compared to December of last year. A recent report by market intelligence firm Grand View Research finds that the crypto ATM market could be worth over $5 billion by 2030. The analytics firm says the