Kraken Daily Market Report for June 4 2020

New! The Kraken Daily Market Report has been expanded. Read through the full report to see all the new information and analysis.

Overview


  • Total trading volume (of takers) near weekly average at $208 million, Bitcoin (XBT) and Ethereum (ETH) were within +/-2% all day.
  • EUR/USD was up almost 1%. As a result, most pairs with quote USD fared about 1% higher compared to pairs with quote EUR.
  • Cardano (ADA) continues its hot streak up 4% over USD, and Siacon (SC) continues to add from a strong day yesterday (up another 6% over USD). ATOM, BAT, and GNO had the highest returns, all around 7% over USD.

June 04, 2020 
 $208.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF 
XBT 
$9790.0 
↑1.2% 
$142.3M
ETH 
$243.38 
↓0.5% 
$30.3M
USDT 
$1.0000 
↑0.02% 
$11.8M
ADA 
$0.0889 
↑4.0% 
$6.54M
XTZ 
$2.9987 
↓1.5% 
$4.27M
XRP 
$0.2043 
↑0.1% 
$3.9M
BCH 
$256.25 
↑1.3% 
$2.6M
LTC 
$47.465 
↑0.6% 
$1.77M
XLM 
$0.0820 
↓1.1% 
$1.61M
LINK 
$4.4268 
↓1.3% 
$1.42M
USDC 
$0.9999 
↑0.0% 
$1.09M
XMR 
$68.115 
↑1.4% 
$1.06M
ATOM 
$3.1075 
↑6.8% 
$996K
BAT 
$0.2415 
↑7.6% 
$693K
EOS 
$2.7221 
↑0.9% 
$560K
SC 
$0.0028 
↑6.2% 
$467K
REP 
$14.236 
↓0.6% 
$450K
DASH 
$78.595 
↑0.6% 
$419K
PAXG 
$1712.7 
↑0.9% 
$360K
OMG 
$1.6940 
↓0.9% 
$355K
ETC 
$6.9144 
↓0.4% 
$337K
ZEC 
$52.189 
↓1.3% 
$319K
ALGO 
$0.2419 
↓0.05% 
$307K
DAI 
$1.0031 
↑0.22% 
$294K
TRX 
$0.0168 
↓0.5% 
$228K
OXT 
$0.2013 
↑0.08% 
$205K
ICX 
$0.3343 
↓1.4% 
$137K
WAVES 
$1.1263 
↑0.7% 
$134K
XDG 
$0.0026 
↑1.4% 
$116K
QTUM 
$1.8396 
↑0.4% 
$105K
NANO 
$0.8960 
↑0.6% 
$97.9K
GNO 
$26.400 
↑7.1% 
$94.4K
LSK 
$1.2574 
↑0.9% 
$81.5K
MLN 
$4.0697 
↓0.5% 
$54.8K


#####################. 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 04, 2020)



Figure 2: Mid-size trading assets: (measured in USD) (June 04, 2020)



Figure 3: Smallest trading assets: (measured in USD) (June 04, 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 04, 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (June 04, 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 04, 2020)



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

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume is indicated by the size of the font. (June 04, 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.