| Market Reports

Kraken Daily Market Report for June 27 2020

Overview


  • Total trading volume at $130.8 million, which is relatively high for Saturday trading. Above average trading for the day moves the week-over-week average up 4.9% to $141.2 million.
  • Above average trading was a result of a sharp price drop around 20:00 UTC that affected smaller coins the most. The only non-stable coin that was positive over Bitcoin was Basic Attention Token (BAT) +1% over XBT. All fiats were positive against Bitcoin as well (XBT/USD was down 1.6%).
  • June’s best performer was also today’s biggest loser. Melon (-8.8%) over USD. Because of Melon’s recent ups and downs, it now has the highest month-over-month percentage increase in trading volume.

June 27, 2020 
 $130.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9003.9 
↓1.6% 
$77.4M
ETH 
$220.62 
↓3.9% 
$25.9M
USDT 
$0.9990 
↓0.01% 
$8.33M
XRP 
$0.1751 
↓4.0% 
$3.96M
XTZ 
$2.3181 
↓6.6% 
$3.22M
BCH 
$216.05 
↓6.3% 
$2.55M
LINK 
$4.4026 
↓5.8% 
$2.23M
BAT 
$0.2705 
↓0.4% 
$1.94M
ADA 
$0.0773 
↓3.9% 
$1.89M
LTC 
$41.049 
↓4.7% 
$1.36M
MLN 
$12.449 
↓8.8% 
$1.07M
USDC 
$1.0001 
↓0.02% 
$1.0M
EOS 
$2.3297 
↓6.0% 
$736K
ALGO 
$0.2052 
↓7.7% 
$569K
XLM 
$0.0627 
↓6.3% 
$563K
SC 
$0.0026 
↓8.8% 
$559K
ETC 
$5.5824 
↓7.7% 
$518K
ATOM 
$2.4289 
↓7.3% 
$516K
PAXG 
$1784.1 
↓0.19% 
$485K
REP 
$16.019 
↓9.2% 
$423K
XMR 
$62.087 
↓2.9% 
$402K
NANO 
$0.9605 
↓7.4% 
$382K
DAI 
$1.0049 
↑0.21% 
$368K
ZEC 
$52.204 
↓6.2% 
$311K
DASH 
$66.870 
↓5.2% 
$178K
GNO 
$22.720 
↓8.4% 
$170K
OMG 
$1.3892 
↓4.9% 
$159K
WAVES 
$1.1129 
↓3.6% 
$137K
ICX 
$0.2811 
↓6.0% 
$135K
OXT 
$0.1563 
↓5.6% 
$124K
QTUM 
$1.5771 
↓6.0% 
$119K
TRX 
$0.0154 
↓2.6% 
$90.9K
LSK 
$1.0955 
↓4.3% 
$45.0K
XDG 
$0.0023 
↓2.5% 
$9.55K

Overview


  • Total trading volume at $130.8 million, which is relatively high for Saturday trading. Above average trading for the day moves the week-over-week average up 4.9% to $141.2 million.
  • Above average trading was a result of a sharp price drop around 20:00 UTC that affected smaller coins the most. The only non-stable coin that was positive over Bitcoin was Basic Attention Token (BAT) +1% over XBT. All fiats were positive against Bitcoin as well (XBT/USD was down 1.6%).
  • June’s best performer was also today’s biggest loser. Melon (-8.8%) over USD. Because of Melon’s recent ups and downs, it now has the highest month-over-month percentage increase in trading volume.

June 27, 2020 
 $130.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9003.9 
↓1.6% 
$77.4M
ETH 
$220.62 
↓3.9% 
$25.9M
USDT 
$0.9990 
↓0.01% 
$8.33M
XRP 
$0.1751 
↓4.0% 
$3.96M
XTZ 
$2.3181 
↓6.6% 
$3.22M
BCH 
$216.05 
↓6.3% 
$2.55M
LINK 
$4.4026 
↓5.8% 
$2.23M
BAT 
$0.2705 
↓0.4% 
$1.94M
ADA 
$0.0773 
↓3.9% 
$1.89M
LTC 
$41.049 
↓4.7% 
$1.36M
MLN 
$12.449 
↓8.8% 
$1.07M
USDC 
$1.0001 
↓0.02% 
$1.0M
EOS 
$2.3297 
↓6.0% 
$736K
ALGO 
$0.2052 
↓7.7% 
$569K
XLM 
$0.0627 
↓6.3% 
$563K
SC 
$0.0026 
↓8.8% 
$559K
ETC 
$5.5824 
↓7.7% 
$518K
ATOM 
$2.4289 
↓7.3% 
$516K
PAXG 
$1784.1 
↓0.19% 
$485K
REP 
$16.019 
↓9.2% 
$423K
XMR 
$62.087 
↓2.9% 
$402K
NANO 
$0.9605 
↓7.4% 
$382K
DAI 
$1.0049 
↑0.21% 
$368K
ZEC 
$52.204 
↓6.2% 
$311K
DASH 
$66.870 
↓5.2% 
$178K
GNO 
$22.720 
↓8.4% 
$170K
OMG 
$1.3892 
↓4.9% 
$159K
WAVES 
$1.1129 
↓3.6% 
$137K
ICX 
$0.2811 
↓6.0% 
$135K
OXT 
$0.1563 
↓5.6% 
$124K
QTUM 
$1.5771 
↓6.0% 
$119K
TRX 
$0.0154 
↓2.6% 
$90.9K
LSK 
$1.0955 
↓4.3% 
$45.0K
XDG 
$0.0023 
↓2.5% 
$9.55K



#####################. 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 (June 27 2020)



Figure 2: Mid-size trading assets: (measured in USD) (June 27 2020)



Figure 3: Smallest trading assets: (measured in USD) (June 27 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 (June 27 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (June 27 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 (June 27 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. (June 27 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.