Tag Archives: market dynamics

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Bitcoin ATM Market Dynamics May 2020

The Bitcoin price in May experienced fluctuations throughout the month. In the beginning, the price was at $8,629 and rose during the first week when it hit the 10K mark, after which it immediately started to decrease. After a couple of more fluctuations, the month ended at $9,451 which is a 9.5% rise compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, as the price of Bitcoin.

Period Start: 7596, Period End: 7904
Opened: 490, Closed: 182, Net Growth: + 308(4%)

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Bitcoin ATM Market Dynamics April 2020

In April the price of Bitcoin started to come back. The month started with a price of $6,428 which rose immediately nearing the middle of the month when it fluctuated a bit before hitting another spike. April ended with a price of $8,629 which is a 34% rise in comparison to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, as the price of Bitcoin.

Period Start: 7384, Period End: 7750
Opened: 435, Closed: 69, Net Growth: + 366 (5%)

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Bitcoin ATM Market Dynamics March 2020

In the midst of the Pandemic, the price of BItcoin took a downturn. March started with a Bitcoin price at $8,534 and rose for a few days after it started to drop significantly. The month ended at a price of $6,405 which is a 24.9% decrease when compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, unlike the price of Bitcoin.

Period Start: 7010, Period End: 7386
Opened: 484, Closed: 108, Net Growth: + 376(5.4%)

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Bitcoin ATM Market Dynamics February 2020

February started with a Bitcoin price of $8,915 which experienced a rise approaching the middle of the month where it hit the highest monthly value at $10,166. After, it started to decrease, until the end of the month when it hit the value of $9,417 which is a 5.6% increase when compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, as the price of Bitcoin.

Period Start: 6665, Period End: 7004
Opened: 470, Closed: 131, Net Growth: + 339 (5%)

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Bitcoin ATM Market Dynamics January 2020

The Year 2020 had a good start when it comes to the price of Bitcoin. The price at the beginning was $7,168 and continued to rise at a pretty stable rate. January ended with a price of $9,502, which is a 32.5% increase when compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, as the price of Bitcoin.

Period Start: 6377, Period End: 6705
Opened: 432, Closed: 104, Net Growth: + 328 (5.1%)

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Bitcoin ATM Market Dynamics December 2019

The last month of 2019 saw the price of Bitcoin fluctuate a bit. December started with a price of $7,361 and maintained a steady flow until mid-month when it decreased to $6,602. After that, it increased again and at the end of the month, it was $7,232. As we can see, the price encountered a small decrease of 1.8% when compared to the price at the beginning of December.

The number of new machines continued to grow at a relatively stable rate, unlike the change in the price of Bitcoin.

Period Start: 6049, Period End: 6393
Opened: 447, Closed: 103, Net Growth: + 344(5.7%)

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Bitcoin ATM Market Dynamics November 2019

In November the price of Bitcoin decreased. The month started with a price of $9,147 and continued to fall approaching the end of the month when it experienced a brief rise. November ended with the price of $7,657 which is a 16.3% decrease compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, unlike the change in price of Bitcoin.

Period Start: 5814, Period End: 6061
Opened: 345, Closed: 98, Net Growth: + 247 (4.2%)

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Bitcoin ATM Market Dynamics October 2019

The price of Bitcoin at the beginning of October was $8,361 and experienced small fluctuations until the end of the month when firstly it decreased to $7,453 which was followed by a noticeable increase that resulted in a $9,180 price at the end of the month. This is a 9.8% increase compared to the beginning of October.

The number of new machines continued to grow at a relatively stable rate, following the price of Bitcoin.

Period Start: 5714, Period End: 5876
Opened: 348, Closed: 186, Net Growth: + 162 (2.8%)

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Bitcoin ATM Market Dynamics September 2019

September started with the price tag of $9,622 and experienced a rise in first 2 days, after which the steady decline started that culminated nearing the end of the month. September ended with the price set at $8,068 which is a 16.2% decrease when compared to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, unlike the price of Bitcoin.

Period Start: 5490, Period End: 5705
Opened: 334, Closed: 119, Net Growth: +215 (3.9%)

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Bitcoin ATM Market Dynamics August 2019

In August the price of Bitcoin continued to fluctuate. The price at the beginning of the month was $10,089 and continued to rise for a short period until it hit the &11,817. After that, it started to fall again. The month ended with a price of $9,592 which is a 4.9% decrease in comparison to the beginning of the month.

The number of new machines continued to grow at a relatively stable rate, unlike the price of Bitcoin.

Period Start: 5336, Period End: 5469
Opened: 273, Closed: 140, Net Growth: +133(2.5%)

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