Bitcoin ATM Market Dynamics July 2020

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The Bitcoin price in July was pretty steady for the bigger part of the month, until it reached noticeable rise near the end. July started at a $9,134 price tag and moved around the 9K until the 28th when it jumped over the 11K mark. The month ended at a $11,115 which is a 21.7% rise in comparison to the price at the beginning of the month.

The number of new machines continued to grow at a relatively stable rate.

Period Start: 8490, Period End: 8919
Opened: 544, Closed: 115, Net Growth: + 429(5%)

Change by Manufacturers

Name Start End Diff
Genesis Coin 2944 3101 +157 (5.3%)
General Bytes 2558 2661 +103 (4%)
Coinsource 478 534 +56 (11.7%)
BitAccess 846 879 +33 (3.9%)
LightningXchange 185 203 +18 (9.7%)
Lamassu 489 504 +15 (3.1%)
Shitcoins Club 106 119 +13 (12.3%)
Bitstop 155 166 +11 (7.1%)
Bytefederal 84 92 +8 (9.5%)
ChainBytes 18 23 +5 (27.8%)
Trovemat 31 35 +4 (12.9%)
Intellogate 1 5 +4 (400%)
zzBit 59 61 +2 (3.4%)
Orderbob ATM 23 25 +2 (8.7%)
RusBit 29 30 +1 (3.4%)
BBFPro 14 15 +1 (7.1%)
Vault Logic 8 9 +1 (12.5%)
White Edge 7 8 +1 (14.3%)
Ankerpay 2 3 +1 (50%)
Cryptomatic 15 14 -1 (-6.7%)
Bitnovo 12 11 -1 (-8.3%)
Bitcoin D.A.V.E. 15 10 -5 (-33.3%)

As we are used to Genesis Coin was the most active manufacturer in July with 157 new machines (5.3% increase), followed by General Bytes with 103 new installations (4% increase). Coinsource in the role of manufacturer was on the third spot with 56 new machines (11.7% increase).

Change by Operators

Operators who increased the number of machines by 4 or more over the past month:

Bitcoin Depot was again on the top of the most active Operators list in July with 46 new installations (6.2% increase). RockItCoin was second with the same number of new machines which is a bigger increase for them (11.8%). ATM Coiners followed by with 34 new installations (36.2% increase).

We must mention that there were 2 Operators that added their first machines in July. Satoshi Kiosks LLC and EmpireBit both added 4 new machines.

Change by Countries

Name Start End Diff
United States 6311 6674 +363 (5.8%)
Canada 736 750 +14 (1.9%)
Belgium 12 21 +9 (75%)
United Kingdom 250 258 +8 (3.2%)
Puerto Rico 2 8 +6 (300%)
Switzerland 78 83 +5 (6.4%)
Greece 50 55 +5 (10%)
Slovakia 44 49 +5 (11.4%)
Georgia 17 22 +5 (29.4%)
Germany 64 68 +4 (6.3%)
Russian Federation 48 50 +2 (4.2%)
France 7 9 +2 (28.6%)
Bulgaria 7 9 +2 (28.6%)
Thailand 4 6 +2 (50%)
Czech Republic 65 66 +1 (1.5%)
Romania 43 44 +1 (2.3%)
Colombia 37 38 +1 (2.7%)
Ireland 20 21 +1 (5%)
Ukraine 15 16 +1 (6.7%)
Slovenia 13 14 +1 (7.7%)
Estonia 6 7 +1 (16.7%)
South Africa 5 6 +1 (20%)
Bahamas 0 1 1
Spain 71 70 -1 (-1.4%)
Australia 17 16 -1 (-5.9%)
New Zealand 1 0 -1 (-100%)
Austria 153 150 -3 (-2%)
Hong Kong 59 56 -3 (-5.1%)
Netherlands 51 48 -3 (-5.9%)

On the Countries list, North America is the most active as usual. The United States are the first with 363 new installations (5.8% increase) followed by Canada with 14 new machines (1.9% increase). Belgium came third with 9 new installations (75% increase).

We are sad to say that the only ATM located in New Zealand was removed in July.

Cryptocurrencies Support

Find the latest stats of various cryptocurrency machines here.

Cryptocurrencies support saw the following increases over the past month:

Name Start End Diff
Bitcoin 8496 8913 +417 (4.91%)
Altcoins 5940 6196 +256 (4.31%)
Ether 5073 5324 +251 (4.95%)
Litecoin 5766 6007 +241 (4.18%)
Bitcoin Cash 2875 3004 +129 (4.49%)
Tether 150 231 +81 (54%)
Dash 1747 1816 +69 (3.95%)
Ripple 71 90 +19 (26.76%)
Monero 193 205 +12 (6.22%)
Dogecoin 65 67 +2 (3.08%)
Lightning BTC 3 5 +2 (66.67%)
Zcash 87 85 -2 (2.30%)

The percentage of Bitcoin ATM’s supporting any other cryptocurrencies than Bitcoin dropped a bit and is now at 69.5%. Ether was the second most added coin in July with 251 additions (4.95% increase) followed by Litecoin with 241 additions (4.18 % increase) and Bitcoin Cash with 129 additions (4.49 % increase).

Summary

The price of Bitcoin in July experienced a fairly noticeable increase. Genesis Coin and General Bytes continue to be the most active manufacturers. The United States was again the country with the most machines added. Ether was the most adopted coin besides Bitcoin this month.

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