As one of the quickest and most convenient ways to transfer physical cash into Bitcoin or other cryptocurrencies, Bitcoin AMTs continued their impressive growth in 2021. According to data presented by TradingPlatforms.com, the total number of Bitcoin ATMs surged by 70% in the last six months and hit 16,500 last week.

According to data researched by Trading Platforms UK, only 6% of Americans owned or used cryptocurrencies in 2020. The figure is at least five times less compared to top-ranking Nigeria at 32%.

While the bitcoin bull run in 2017 was largely driven by retail investors, the 2020 surge appeared to be driven by a wider set of investors, including institutionals.