Bitcoin ATMs Installed in All Costco Stores Nationwide
Bitcoin ATMs are being installed in all Costco stores across the United States through a partnership with LibertyX. Key points include:
- Over 600 Costco locations will provide direct access to Bitcoin.
- LibertyX was chosen due to lower fees compared to other ATM operators.
- These ATMs enable Bitcoin purchases without a traditional bank account.
- The U.S. leads globally with nearly 30,000 Bitcoin ATMs; other countries include Canada, Australia, Spain, and Poland.
- El Salvador is expanding its Bitcoin ATM network as it recognizes Bitcoin as legal tender.
- Despite increased availability, Bitcoin's price momentum has slowed, recently falling below a key moving average.
- Market indicators show that sellers currently hold control over price movements.
- The impact on Bitcoin's market performance remains uncertain and depends on various factors including investor sentiment and regulatory developments.