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via Bitcoin Magazine · By Bitcoin Magazine Editorial

Bitcoin ATMs: The Canary In The Coal Mine

BTC

BTC/USDT

$63,053.26

-0.04%

$63,053.26

-0.04%

(24s)

24h Volume

$2,468,190,801.48

24h H/L

$63,175.00 / $62,920.00

Change: $255.00 (0.41%)

Long/Short

67.9%

Long: 67.9%Short: 32.1%

Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,094.00

▲ 0.01%

Volume (24h): -

Resistance Levels

Resistance 3$66,089.72

Resistance 2$64,322.29

Resistance 1$63,626.50

Price$63,094.00

Support 1$62,999.35

Support 2$61,363.17

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

Bitcoin Magazine Editorial

(06:15 PM UTC)

1 min read

Updated byJames Mitchell

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State regulators have been quietly banning Bitcoin ATMs. An entire subsection of the Bitcoin ecosystem is being deemed illegal and shut down. And since there’s not much of a cross-section between people who are chronically online and cash bitcoin buyers, it’s not getting a lot of attention. But the Bitcoin ATM ecosystem represents $3.63 billion, with a B, dollars going into bitcoin every year…

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