PayPal to allow U.S. merchants to accept more than 100 cryptocurrencies, while a survey finds that crypto has limited mainstream appeal.

You're watching Coin Desk Daily. I'm your host, Jen Sanassi.

Bitcoin is trading little change at around $119,000 as the largest cryptocurrency by market cap

struggles to build on a weekend bounce.

The CoinDesk 20 index, which captures about 80% of the digital asset market, rose 1.1% over 24 hours,

while the CD80 index traded 2% higher, pointing to the relative strength of altcoins.

This morning, we're also

learning that PayPal has launched a new payment option that will let smaller U.S. merchants

accept more than 100 cryptocurrencies, including Bitcoin, ether, and even fart coin. According to a

statement, any U.S. business using PayPal's online payments processing platform can opt in. Now, despite this news and

a recent uptick in markets, a Gallup survey found that crypto has limited mainstream appeal

with only 14% of U.S. adults owning Bitcoin or other cryptocurrencies. 60% of respondents saying they

have no interest in buying and only 4% planning to buy in the near future.

The survey revealed a demographic divide with younger men and high-income earners more likely to own

crypto while women, older adults, and low-income households are underrepresented.

Despite growing ownership rates, the survey says most Americans still see crypto as a risky investment.

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