| Daily Market Reports, Market Reports

Kraken Daily Market Report for December 01 2020

Overview


  • Total spot trading volume at $1.01 billion, as Bitcoin again flirted with $20,000.
  • Total futures notional at $489.4 million, with about $27 million in the December 25th expirations.
  • Trading was heavy around 12:00 UTC when Bitcoin and Ethereum peaked and dropped, each with almost a 10% price swing within an hour. Both coins recovered to close -4.6% and -4.8%, respectively.
  • PAXG was up today 1.7% as various counties discuss stimulus packages, which will inflate fiat supply and favor gold, cryptocurrencies.

December 01, 2020 
 $1011.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18799. 
↓4.6% 
$479.2M
ETH 
$587.04 
↓4.8% 
$226.3M
XRP 
$0.6119 
↓7.9% 
$102.6M
USDT 
$1.0008 
↑0.02% 
$90.5M
LTC 
$85.229 
↓2.9% 
$33.1M
LINK 
$13.366 
↓6.3% 
$16.5M
ADA 
$0.1558 
↓9.5% 
$16.0M
BCH 
$288.20 
↓9.4% 
$12.2M
XLM 
$0.1840 
↓9.3% 
$9.39M
USDC 
$1.0001 
↑0.0% 
$8.61M
DOT 
$5.0889 
↓5.3% 
$7.7M
XTZ 
$2.3290 
↓6.6% 
$4.99M
EOS 
$2.9929 
↓8.2% 
$4.65M
YFI 
$25740. 
↓2.5% 
$3.99M
DASH 
$104.12 
↓7.6% 
$3.05M
XMR 
$125.72 
↓3.8% 
$3.04M
ZEC 
$74.967 
↓5.1% 
$2.59M
OMG 
$3.6558 
↓7.7% 
$2.29M
WAVES 
$6.8210 
↓3.7% 
$1.89M
FIL 
$30.201 
↓0.6% 
$1.86M
TRX 
$0.0302 
↓6.7% 
$1.78M
DAI 
$1.0050 
↓0.19% 
$1.65M
ALGO 
$0.3082 
↓6.4% 
$1.55M
CRV 
$0.6815 
↑0.9% 
$1.41M
ATOM 
$5.2654 
↓5.5% 
$1.25M
PAXG 
$1823.0 
↑1.7% 
$1.18M
KSM 
$55.010 
↑5.4% 
$1.1M
UNI 
$3.5555 
↓5.9% 
$949K
BAT 
$0.2354 
↓3.4% 
$932K
TBTC 
$19302. 
↓2.6% 
$907K
SNX 
$4.7469 
↓0.1% 
$834K
QTUM 
$2.7214 
↓7.2% 
$825K
MLN 
$29.860 
↑0.09% 
$802K
COMP 
$105.07 
↓6.2% 
$794K
ETC 
$6.1649 
↓8.5% 
$677K
ANT 
$3.3224 
↓3.0% 
$637K
NANO 
$1.1600 
↓3.8% 
$584K
KAVA 
$1.6426 
↓2.2% 
$581K
ICX 
$0.4193 
↓4.6% 
$528K
OXT 
$0.2893 
↓8.5% 
$496K
SC 
$0.0033 
↓1.9% 
$428K
LSK 
$1.3500 
↑1.4% 
$353K
XDG 
$0.0033 
↓6.7% 
$344K
STORJ 
$0.3470 
↓1.6% 
$316K
KEEP 
$0.3035 
↓5.0% 
$307K
KNC 
$0.9900 
↓6.4% 
$253K
GNO 
$62.432 
↓5.3% 
$145K
REP 
$15.755 
↓3.4% 
$115K
BAL 
$13.550 
↓8.8% 
$102K
REPV2 
$14.986 
↓0.6% 
$98.5K



#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset


The figures below break down the trading volume of the largest, mid-size, and smallest assets. Cryptos are in purple, fiats are in blue. For each asset, the chart contains the daily trading volume in USD, and the percentage of the total trading volume. The percentages for fiats and cryptos are treated separately, so that they both add up to 100%.

Figure 1: Largest trading assets: trading volume (measured in USD) and its percentage of the total trading volume (December 01 2020)



Figure 2: Mid-size trading assets: (measured in USD) (December 01 2020)



Figure 3: Smallest trading assets: (measured in USD) (December 01 2020)



#####################. Spread %. ##########################################

Spread %


Spread percentage is the width of the bid/ask spread divided by the bid/ask midpoint. The values are generated by taking the median spread percentage over each minute, then the average of the medians over the day.

Figure 4: Average spread % by pair (December 01 2020)



.


#########. Returns and Volume ############################################

Returns and Volume


Figure 5: Returns of the four highest volume pairs (December 01 2020)


Figure 6: Volume of the major currencies and an average line that fits the data to a sinusoidal curve to show the daily volume highs and lows (December 01 2020)



###########. Daily Returns. #################################################

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (December 01 2020)