| Market Reports

Kraken Daily Market Report for December 10 2020

Overview


  • Total spot trading volume at $392.3 million. Bitcoin fell below $18,000 for a brief period then closed around $18,200.
  • Besides Melon (+4.9%), no coin had more than a 1% gain over USD; some coins had material losses: Compound (-10%), Orchid (-8.5%), and Stellar (-7.3%).
  • Tether beat out Ethereum again with 20% of the total crypto trading volume. The most traded coins were Bitcoin, Tether, Ethereum, Ripple, and Stellar. Stellar now has the largest 30-day increase in trading volume.

December 10, 2020 
 $392.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18232. 
↓1.7% 
$182.3M
USDT 
$1.0000 
↓0.02% 
$79.0M
ETH 
$558.25 
↓2.8% 
$50.2M
XRP 
$0.5713 
↓2.2% 
$34.8M
XLM 
$0.1606 
↓7.3% 
$7.64M
USDC 
$0.9999 
↓0.01% 
$7.26M
LINK 
$11.902 
↓5.8% 
$7.08M
LTC 
$74.680 
↓3.7% 
$4.82M
ADA 
$0.1416 
↓4.5% 
$4.15M
WAVES 
$8.1206 
↓5.3% 
$3.03M
DAI 
$1.0042 
↑0.04% 
$2.55M
DOT 
$4.7955 
↓1.8% 
$2.41M
BCH 
$265.37 
↓1.4% 
$2.19M
YFI 
$23889. 
↓6.9% 
$2.17M
FIL 
$30.569 
↑0.1% 
$1.95M
XMR 
$133.77 
↑0.6% 
$1.34M
XTZ 
$2.1030 
↓3.4% 
$873K
OXT 
$0.2523 
↓8.5% 
$552K
ALGO 
$0.2937 
↓3.9% 
$534K
EOS 
$2.7392 
↓2.6% 
$532K
ZEC 
$66.017 
↓5.0% 
$521K
MLN 
$33.440 
↑4.9% 
$509K
DASH 
$92.770 
↓3.0% 
$473K
ATOM 
$4.6555 
↓3.1% 
$411K
COMP 
$148.96 
↓10% 
$408K
OMG 
$3.1431 
↓4.5% 
$382K
KSM 
$47.120 
↓4.1% 
$379K
CRV 
$0.5990 
↓5.7% 
$372K
REP 
$16.940 
↓4.1% 
$371K
TRX 
$0.0281 
↓2.2% 
$332K
UNI 
$3.2355 
↓3.8% 
$306K
SNX 
$4.6335 
↓4.7% 
$300K
BAT 
$0.2086 
↓5.2% 
$273K
PAXG 
$1845.3 
↓0.23% 
$200K
STORJ 
$0.3424 
↑0.5% 
$161K
QTUM 
$2.4280 
↓2.6% 
$159K
LSK 
$1.2160 
↓2.2% 
$121K
KEEP 
$0.2800 
↓3.6% 
$114K
KAVA 
$1.4991 
↓3.0% 
$110K
SC 
$0.0032 
↓2.5% 
$110K
ETC 
$5.8940 
↓2.8% 
$104K
NANO 
$0.9949 
↓5.1% 
$97.6K
GNO 
$60.930 
↓2.5% 
$81.0K
ICX 
$0.3786 
↓2.7% 
$79.6K
BAL 
$12.004 
↓3.3% 
$55.1K
XDG 
$0.0031 
↓2.4% 
$54.9K
KNC 
$0.8642 
↓3.5% 
$52.8K
REPV2 
$15.241 
↓3.0% 
$42.5K
ANT 
$3.0433 
↓2.3% 
$40.9K
TBTC 
$18723. 
↑0.9% 
$20.7K

Overview


  • Total spot trading volume at $392.3 million. Bitcoin fell below $18,000 for a brief period then closed around $18,200.
  • Besides Melon (+4.9%), no coin had more than a 1% gain over USD; some coins had material losses: Compound (-10%), Orchid (-8.5%), and Stellar (-7.3%).
  • Tether beat out Ethereum again with 20% of the total crypto trading volume. The most traded coins were Bitcoin, Tether, Ethereum, Ripple, and Stellar. Stellar now has the largest 30-day increase in trading volume.

December 10, 2020 
 $392.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18232. 
↓1.7% 
$182.3M
USDT 
$1.0000 
↓0.02% 
$79.0M
ETH 
$558.25 
↓2.8% 
$50.2M
XRP 
$0.5713 
↓2.2% 
$34.8M
XLM 
$0.1606 
↓7.3% 
$7.64M
USDC 
$0.9999 
↓0.01% 
$7.26M
LINK 
$11.902 
↓5.8% 
$7.08M
LTC 
$74.680 
↓3.7% 
$4.82M
ADA 
$0.1416 
↓4.5% 
$4.15M
WAVES 
$8.1206 
↓5.3% 
$3.03M
DAI 
$1.0042 
↑0.04% 
$2.55M
DOT 
$4.7955 
↓1.8% 
$2.41M
BCH 
$265.37 
↓1.4% 
$2.19M
YFI 
$23889. 
↓6.9% 
$2.17M
FIL 
$30.569 
↑0.1% 
$1.95M
XMR 
$133.77 
↑0.6% 
$1.34M
XTZ 
$2.1030 
↓3.4% 
$873K
OXT 
$0.2523 
↓8.5% 
$552K
ALGO 
$0.2937 
↓3.9% 
$534K
EOS 
$2.7392 
↓2.6% 
$532K
ZEC 
$66.017 
↓5.0% 
$521K
MLN 
$33.440 
↑4.9% 
$509K
DASH 
$92.770 
↓3.0% 
$473K
ATOM 
$4.6555 
↓3.1% 
$411K
COMP 
$148.96 
↓10% 
$408K
OMG 
$3.1431 
↓4.5% 
$382K
KSM 
$47.120 
↓4.1% 
$379K
CRV 
$0.5990 
↓5.7% 
$372K
REP 
$16.940 
↓4.1% 
$371K
TRX 
$0.0281 
↓2.2% 
$332K
UNI 
$3.2355 
↓3.8% 
$306K
SNX 
$4.6335 
↓4.7% 
$300K
BAT 
$0.2086 
↓5.2% 
$273K
PAXG 
$1845.3 
↓0.23% 
$200K
STORJ 
$0.3424 
↑0.5% 
$161K
QTUM 
$2.4280 
↓2.6% 
$159K
LSK 
$1.2160 
↓2.2% 
$121K
KEEP 
$0.2800 
↓3.6% 
$114K
KAVA 
$1.4991 
↓3.0% 
$110K
SC 
$0.0032 
↓2.5% 
$110K
ETC 
$5.8940 
↓2.8% 
$104K
NANO 
$0.9949 
↓5.1% 
$97.6K
GNO 
$60.930 
↓2.5% 
$81.0K
ICX 
$0.3786 
↓2.7% 
$79.6K
BAL 
$12.004 
↓3.3% 
$55.1K
XDG 
$0.0031 
↓2.4% 
$54.9K
KNC 
$0.8642 
↓3.5% 
$52.8K
REPV2 
$15.241 
↓3.0% 
$42.5K
ANT 
$3.0433 
↓2.3% 
$40.9K
TBTC 
$18723. 
↑0.9% 
$20.7K



#####################. 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 10 2020)



Figure 2: Mid-size trading assets: (measured in USD) (December 10 2020)



Figure 3: Smallest trading assets: (measured in USD) (December 10 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 10 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (December 10 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 10 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 10 2020)



###########. Disclaimer #################################################

The values generated in this report are from public market data distributed from Kraken WebSockets api. The total volumes and returns are calculated over the reporting day using UTC time.