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Crypto Daily Report – June 9

Jun 9, 2022
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightJune 9, 2022Crypto markets continue to move sideways, with BTC up .41% at the time of writing and ETH up .63%. U.S. equity markets have moved similarly, with SPX down .42% and NDQ down .25%. Alternative layer one protocols which are down significantly from their highs, have begun to show some signs of life and are holding up relatively well today, with SOL up 4.38%, AVAX up 1.51%, NEAR up 1.12%, and BNB up 1.1%. This may be reflective of investor risk appetite slowly returning to higher quality altcoins which are at much more attractive prices to buy than 6 months ago. According to Deloitte's "Merchants Getting Ready For Crypto" report, 75% of United States retailers plan to accept crypto or stablecoin payments within the next two years. The survey also found that large retailers with revenues over $500 million are currently spending $1 million or more building the required infrastructure to make this a reality. 85% of the respondents to the survey anticipate that digital currency payments will be ubiquitous in their

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