Kraken Daily Market Report for June 27 2020
- 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
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 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
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 %
Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (June 27 2020)
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.