| Market Reports

Kraken Daily Market Report for June 9 2020

Overview


  • Total trading volume slightly above the weekly average (of $148 million) at $156 million.
  • Bitcoin and Ethereum both dropped 2% at the beginning of the day (UTC). Bitcoin rallied to end the day neutral, but Ethereum stayed down.
  • All assets were within +/- 4% over USD, but NANO was an outlier, posting 15% returns.

June 09, 2020 
 $156.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF 
XBT 
$9777.5 
↓0.3% 
$110.8M
ETH 
$244.00 
↓1.3% 
$22.4M
USDT 
$1.0005 
↓0.01% 
$9.31M
XRP 
$0.2014 
↓1.4% 
$3.32M
XTZ 
$2.9062 
↓1.4% 
$2.39M
ADA 
$0.0831 
↓4.1% 
$2.02M
BCH 
$253.94 
↓0.6% 
$1.59M
LTC 
$45.930 
↓1.3% 
$1.15M
LINK 
$4.4390 
↓1.0% 
$1.1M
USDC 
$0.9997 
↓0.03% 
$986K
XMR 
$68.029 
↓0.6% 
$850K
NANO 
$1.1997 
↑15% 
$794K
EOS 
$2.7530 
↓1.4% 
$722K
BAT 
$0.2515 
↓2.5% 
$459K
XLM 
$0.0782 
↓2.4% 
$395K
ATOM 
$3.1152 
↓1.4% 
$364K
DAI 
$1.0030 
↑0.12% 
$309K
DASH 
$77.454 
↓0.4% 
$248K
TRX 
$0.0175 
↓2.4% 
$226K
ALGO 
$0.2425 
↑3.4% 
$225K
PAXG 
$1716.3 
↑1.2% 
$198K
OMG 
$1.6492 
↓1.7% 
$187K
ZEC 
$52.010 
↓1.1% 
$175K
ETC 
$6.7874 
↓1.9% 
$173K
OXT 
$0.1940 
↓0.8% 
$154K
QTUM 
$1.8062 
↓1.3% 
$119K
REP 
$14.815 
↑0.16% 
$101K
SC 
$0.0026 
↓1.3% 
$78.3K
WAVES 
$1.1713 
↓1.2% 
$77.9K
GNO 
$30.585 
↓1.2% 
$59.0K
MLN 
$4.1879 
↑2.6% 
$54.5K
ICX 
$0.3334 
↓0.6% 
$52.8K
LSK 
$1.3023 
↓2.8% 
$38.8K
XDG 
$0.0025 
↓1.2% 
$20.4K

Overview


  • Total trading volume slightly above the weekly average (of $148 million) at $156 million.
  • Bitcoin and Ethereum both dropped 2% at the beginning of the day (UTC). Bitcoin rallied to end the day neutral, but Ethereum stayed down.
  • All assets were within +/- 4% over USD, but NANO was an outlier, posting 15% returns.

June 09, 2020 
 $156.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF 
XBT 
$9777.5 
↓0.3% 
$110.8M
ETH 
$244.00 
↓1.3% 
$22.4M
USDT 
$1.0005 
↓0.01% 
$9.31M
XRP 
$0.2014 
↓1.4% 
$3.32M
XTZ 
$2.9062 
↓1.4% 
$2.39M
ADA 
$0.0831 
↓4.1% 
$2.02M
BCH 
$253.94 
↓0.6% 
$1.59M
LTC 
$45.930 
↓1.3% 
$1.15M
LINK 
$4.4390 
↓1.0% 
$1.1M
USDC 
$0.9997 
↓0.03% 
$986K
XMR 
$68.029 
↓0.6% 
$850K
NANO 
$1.1997 
↑15% 
$794K
EOS 
$2.7530 
↓1.4% 
$722K
BAT 
$0.2515 
↓2.5% 
$459K
XLM 
$0.0782 
↓2.4% 
$395K
ATOM 
$3.1152 
↓1.4% 
$364K
DAI 
$1.0030 
↑0.12% 
$309K
DASH 
$77.454 
↓0.4% 
$248K
TRX 
$0.0175 
↓2.4% 
$226K
ALGO 
$0.2425 
↑3.4% 
$225K
PAXG 
$1716.3 
↑1.2% 
$198K
OMG 
$1.6492 
↓1.7% 
$187K
ZEC 
$52.010 
↓1.1% 
$175K
ETC 
$6.7874 
↓1.9% 
$173K
OXT 
$0.1940 
↓0.8% 
$154K
QTUM 
$1.8062 
↓1.3% 
$119K
REP 
$14.815 
↑0.16% 
$101K
SC 
$0.0026 
↓1.3% 
$78.3K
WAVES 
$1.1713 
↓1.2% 
$77.9K
GNO 
$30.585 
↓1.2% 
$59.0K
MLN 
$4.1879 
↑2.6% 
$54.5K
ICX 
$0.3334 
↓0.6% 
$52.8K
LSK 
$1.3023 
↓2.8% 
$38.8K
XDG 
$0.0025 
↓1.2% 
$20.4K


#####################. 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 09, 2020)



Figure 2: Mid-size trading assets: (measured in USD) (June 09, 2020)



Figure 3: Smallest trading assets: (measured in USD) (June 09, 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 09, 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (June 09, 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 09, 2020)



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

Daily Returns %


Figure 7: Returns over USD and XBT. Relative volume is indicated by the size of the font. (June 09, 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.