| Daily Market Reports, Market Reports

Kraken Daily Market Report for September 08 2020

Overview


  • Total trading at $291.2 million. Bitcoin and Ethereum prices dropped to their lowest levels since late July.
  • USDT trading volume beat out LINK, Polkadot, Ripple, Tezos and Bitcoin Cash, combined.
  • Equity markets took a beating, and so did most cryptos. XBT (-2.5%), ETH (-4.8%), Link (-6.5%), and Polkadot (-7.2%). But, it was a good day for Gnosis (+18%) and Tron (+8%).

September 08, 2020 
 $291.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10118. 
↓2.5% 
$147.3M
ETH 
$337.00 
↓4.8% 
$61.1M
USDT 
$1.0000 
↑0.0% 
$33.2M
LINK 
$11.728 
↓6.5% 
$13.2M
DOT 
$4.2713 
↓7.2% 
$6.41M
XRP 
$0.2362 
↓2.5% 
$5.25M
XTZ 
$2.4993 
↓2.6% 
$3.54M
BCH 
$222.15 
↓3.0% 
$3.44M
TRX 
$0.0350 
↑8.0% 
$3.07M
USDC 
$1.0002 
↑0.01% 
$3.06M
LTC 
$47.395 
↓3.1% 
$2.81M
ADA 
$0.0910 
↓2.9% 
$2.44M
OXT 
$0.3390 
↑0.24% 
$1.95M
XMR 
$83.939 
↑1.5% 
$1.72M
ATOM 
$4.9417 
↓2.5% 
$1.58M
ALGO 
$0.3482 
↓6.9% 
$1.12M
DAI 
$1.0238 
↓0.3% 
$904K
EOS 
$2.7551 
↓3.6% 
$807K
KAVA 
$2.2957 
↓4.9% 
$739K
OMG 
$3.5215 
↓2.3% 
$637K
REPV2 
$15.358 
↓3.1% 
$610K
XLM 
$0.0773 
↓1.7% 
$575K
DASH 
$74.527 
↓2.1% 
$550K
ZEC 
$58.565 
↓5.6% 
$515K
WAVES 
$2.3152 
↓4.0% 
$504K
ETC 
$5.0839 
↓1.9% 
$447K
COMP 
$173.44 
↓3.2% 
$447K
KNC 
$1.1777 
↓5.4% 
$423K
GNO 
$56.575 
↑18% 
$420K
NANO 
$0.8159 
↓4.5% 
$408K
PAXG 
$1938.0 
↑0.01% 
$368K
BAT 
$0.2506 
↓0.9% 
$348K
XDG 
$0.0027 
↓2.8% 
$346K
MLN 
$43.416 
↓2.3% 
$263K
REP 
$15.993 
↓4.0% 
$205K
QTUM 
$2.3508 
↓2.8% 
$195K
LSK 
$1.3358 
↓5.6% 
$189K
SC 
$0.0031 
↓5.4% 
$176K
ICX 
$0.4042 
↓5.3% 
$114K
STORJ 
$0.4760 
↓4.6% 
$114K



#####################. 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 (September 08 2020)



Figure 2: Mid-size trading assets: (measured in USD) (September 08 2020)



Figure 3: Smallest trading assets: (measured in USD) (September 08 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 (September 08 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (September 08 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 (September 08 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. (September 08 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.