The global Bitcoin ATM market has seen a resurgence with nearly 6,000 new machines installed in the past 11 months, bringing the total count to over 38,300 worldwide.

The United States leads in ATM adoption with over 31,000 machines, followed by Canada and Australia.

Bitcoin remains the dominant cryptocurrency transacted at these ATMs, but Bitcoin Cash and Ethereum also have a presence.

The growth of Bitcoin ATMs reflects increasing demand for private and secure access to crypto.

Concerns are raised about KYC requirements and criminal activity targeting these machines.

Regulatory clarity, especially in the US, will be key for the industry's future.

Despite challenges, the industry is expected to continue expanding, providing convenient access to cryptocurrencies as Bitcoin's price holds above $60,000 and potential regulatory changes loom.