Bitcoin ATM Market Dynamics June 2020

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The Bitcoin price in June mostly ranged between 9K and 10K mark. At the beginning of the month, the price was $9,451 and after a short spike, it started to fall. June ended with a Bitcoin price set at $9,185 which is a 2.8% decrease when compared to the price at the beginning of the month.

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

Period Start: 7978, Period End: 8502
Opened: 639, Closed: 115, Net Growth: + 524 (6.6%)

Change by Manufacturers

Name Start End Diff
Genesis Coin 2750 2941 +191 (6.9%)
General Bytes 2432 2581 +149 (6.1%)
BitAccess 781 848 +67 (8.6%)
Coinsource 437 479 +42 (9.6%)
LightningXchange 163 185 +22 (13.5%)
Bitstop 137 152 +15 (10.9%)
Shitcoins Club 85 98 +13 (15.3%)
Bytefederal 75 86 +11 (14.7%)
Lamassu 484 489 +5 (1%)
Covault 214 218 +4 (1.9%)
Cryptomatic 12 15 +3 (25%)
Trovemat 30 31 +1 (3.3%)
Orderbob ATM 23 24 +1 (4.3%)
ChainBytes 18 19 +1 (5.6%)
BitTeller 8 9 +1 (12.5%)
White Edge 0 1 1
zzBit 60 59 -1 (-1.7%)
Bitcoin D.A.V.E. 14 13 -1 (-7.1%)
Vault Logic 9 8 -1 (-11.1%)

The top of the Manufacturers list is copied from May, only the numbers are different. Genesis Coin was first with 191 new machines (6.9% increase), followed by General Bytes with 149 new installations (6.1% increase) and BitAccess with 67 new machines (8.6% increase).

We have to mention that UK based Manufacturer White Edge was added on the website and had their first ATM installed by operator in Athens, Greece.

Change by Operators

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

Bitcoin Depot was on the top of the Operators list in June with 88 new machines (13.4% increase). CoinFlip Bitcoin ATMs was on second place with 85 new installations (13.1% increase) followed by CoinCloud with 67 new machines (9% increase).

Change by Countries

Name Start End Diff
United States 5859 6314 +455 (7.8%)
Greece 26 50 +24 (92.3%)
Canada 724 741 +17 (2.3%)
Germany 50 56 +6 (12%)
Netherlands 47 52 +5 (10.6%)
Ukraine 12 16 +4 (33.3%)
Switzerland 75 77 +2 (2.7%)
Czech Republic 64 66 +2 (3.1%)
Poland 58 60 +2 (3.4%)
Italy 50 52 +2 (4%)
Panama 14 16 +2 (14.3%)
Belgium 11 13 +2 (18.2%)
Estonia 5 7 +2 (40%)
Puerto Rico 0 2 2
Austria 152 153 +1 (0.7%)
Romania 43 44 +1 (2.3%)
Hungary 39 40 +1 (2.6%)
Ireland 18 19 +1 (5.6%)
Argentina 11 12 +1 (9.1%)
Portugal 8 9 +1 (12.5%)
Singapore 7 8 +1 (14.3%)
Malta 2 1 -1 (-50%)
France 9 7 -2 (-22.2%)
United Kingdom 260 253 -7 (-2.7%)

The undisputed champion of the Countries list, the United States had 455 new installations (7.8% increase). An EU representative Greece came second with 24 new machines (92.3% increase). Canada was on the third spot with 17 new installations (2.3% increase).

We are happy to mention that Puerto Rico installed the first machines on its soil. They are all located in San Juan.

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 7898 8496 +598 (7.57%)
Altcoins 5523 5940 +417 (7.55%)
Litecoin 5353 5766 +413 (7.72%)
Bitcoin Cash 2712 2875 +163 (6.01%)
Dash 1599 1747 +148 (9.26%)
Ether 4952 5073 +121 (2.44%)
Zcash 88 87 -1 (-1.14%)
Dogecoin 66 65 -1 (-1.52%)
Monero 195 193 -2 (-1.03%)
Lightning BTC 3
Ripple 71
Tether 150

The percentage of Bitcoin ATM’s supporting any other cryptocurrencies than Bitcoin stayed the same at 69.9%. Litecoin was the second most added coin in June with 413 additions (7.72% increase) followed by Bitcoin Cash with 163 additions (6.01 % increase) and Dash with 148 additions (9.26 % increase).

Since we added new coins recently (LBTC, XRP, USDT), the current state of these coins is displayed in the table while the comparison will be available from next month.

Summary

The price of Bitcoin in June experienced a fairly steady flow. Genesis Coin and General Bytes were the manufacturers with the most machines installed again. The United States continues to be the dominant country when it comes to Bitcoin ATM addition. Litecoin was the most adopted coin besides Bitcoin.

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