Bitcoin briefly jumps on the tech stock rally and a recent survey finds that people aren't so sure about stable coins.

This is Coin Desk Daily. I'm your host, Jen Sanassi.

Bitcoin surpassed $58,000 during Asian trading hours on the back of a rally in the U.S. tech stocks and positive

movements in Asian equities. Despite the Bitcoin price increase, U.S. spot Bitcoin

ETF slipped back to outflows with ARC invests. ArkB, bleeding $54 million. On the other hand,

AI tokens posted modest gains amid reports that Open AI is planning to raise $6.5 billion at a $150 billion valuation.

One token that has notably beat the market is SWE, up nearly 16% following Grayscale's recent announcement about opening the Grayscale Sweet Trust.

According to a survey conducted by Deutsche Bank, US consumers are warming up to

crypto with less than 1% calling it a fad, a dramatic decline from previous years. The bank

surveyed over 3,600 consumers in the U.S., UK, and Europe in March and July, and over half

of the participants viewed crypto as an important asset class

and method of payment, and 65% said they could see it replacing cash. A third of consumers

said they thought the Bitcoin price would be below $60,000 by year end, and only 12 to 14%

thought it would cross $70,000. Sentiment around stable coins is also not so positive with just 18% of those surveyed,

saying they expected stable coins to thrive, whereas 42% expected them to fade.

And the Bank of Russia wants the country's largest banks to support a digital ruble for retail and commercial use by July next year.

The central bank said that the banks will need to enable their customers to, quote, open and top-up

digital ruble accounts, make transfers and accept digital rubles in their infrastructure.

Banks worldwide have been exploring use of CBDCs and nations like the Bahamas and Nigeria

have already introduced their own central

bank digital currencies. Russia has been testing its CBDC with 12 banks. At the beginning of the

month, the trials expanded to 9,000 people from 600. That's it for CoinDesk Daily. Get more updates on

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