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

Overview

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• Total trading volume relatively low at $123 million as prices were stable, except for an upward jump late in the day.
• All cryptos were within +/- 5%, Basic Attention Token (BAT) was an exception with 9.4% returns over USD. Gnosis (GNO) had a strong day yesterday with 5.2% returns, but lost most of those gains today (down 4.5% against USD).
• USDT was the most traded stable-coin, taking 6.6% of the total crypto trading volume.

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June 08, 2020   $123.3M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF
XBT  $9779.5  ↑0.17%  $86.4M	ETH  $246.55  ↑0.6%  $16.6M	USDT  $1.0006  ↑0.03%  $8.36M	BCH  $255.55  ↑0.6%  $2.35M	XRP  $0.2043  ↑0.5%  $2.02M	ADA  $0.0865  ↓0.09%  $1.64M	XTZ  $2.9462  ↑2.0%  $1.52M
XMR  $68.315  ↑2.7%  $1.33M	LINK  $4.4666  ↑2.7%  $1.0M	LTC  $46.454  ↓0.5%  $879K	USDC  $0.9999  ↓0.03%  $847K	BAT  $0.2571  ↑9.4%  $690K	DASH  $77.685  ↓0.4%  $357K	NANO  $1.0416  ↓1.8%  $332K
EOS  $2.7876  ↓0.9%  $330K	XLM  $0.0800  ↑1.6%  $327K	ATOM  $3.1532  ↑4.3%  $255K	TRX  $0.0179  ↓1.2%  $243K	PAXG  $1696.5  ↑0.6%  $184K	WAVES  $1.1844  ↑3.4%  $163K	ALGO  $0.2343  ↑0.9%  $150K
REP  $14.757  ↑1.1%  $149K	DAI  $1.0018  ↓0.07%  $139K	ETC  $6.9079  ↑0.9%  $134K	SC  $0.0026  ↑0.9%  $123K	OXT  $0.1957  ↓0.5%  $84.9K	LSK  $1.3371  ↑1.9%  $82.9K	GNO  $30.854  ↓4.5%  $75.1K
ZEC  $52.530  ↑0.4%  $74.5K	ICX  $0.3351  ↓0.09%  $74.1K	QTUM  $1.8256  ↑0.9%  $54.5K	OMG  $1.6781  ↓1.0%  $50.5K	XDG  $0.0025  ↓0.16%  $11.1K	MLN  $4.0829  ↑0.31%  $7.97K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

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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 08, 2020)



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



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

#####################. Spread %. ##########################################

Spread %

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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 08, 2020)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (June 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 (June 08, 2020)

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

Daily Returns %

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