Overview

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• Total trading volume ($302 million) much higher than the weekly average ($159 million) and the 30-day average ($190 million) – based on the 6% drop in Bitcoin over USD and EUR. Similar levels of loss were also seen in global equity markets.
• Except for very small positive returns for some of the stable coins, most cryptos took 4% to 12% losses.
• The best relative performer was Melon (MLN) -2.5% over USD, but up 3.5% over Bitcoin (XBT).

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June 11, 2020   $301.5M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF
XBT  $9290.3  ↓6.2%  $216.7M	ETH  $230.74  ↓7.1%  $39.1M	USDT  $0.9986  ↓0.18%  $13.2M	ADA  $0.0751  ↓10%  $5.95M	XTZ  $2.6145  ↓9.5%  $5.56M
XRP  $0.1884  ↓7.1%  $5.44M	BCH  $235.05  ↓8.6%  $3.75M	LINK  $3.9690  ↓10%  $2.75M	LTC  $43.289  ↓7.3%  $1.89M	XLM  $0.0712  ↓9.6%  $1.82M
USDC  $0.9999  ↑0.01%  $1.82M	XMR  $63.694  ↓8.9%  $1.61M	EOS  $2.5155  ↓8.9%  $1.16M	REP  $13.829  ↓12%  $825K	NANO  $1.0551  ↓11%  $717K
DAI  $1.0056  ↑0.07%  $707K	SC  $0.0026  ↓11%  $654K	ATOM  $2.7666  ↓11%  $635K	BAT  $0.2224  ↓11%  $609K	ETC  $6.2625  ↓8.1%  $499K
MLN  $4.6315  ↓2.5%  $479K	ZEC  $49.810  ↓9.9%  $479K	DASH  $72.289  ↓7.7%  $473K	PAXG  $1726.2  ↓0.4%  $334K	ALGO  $0.2308  ↓6.7%  $310K
TRX  $0.0157  ↓11%  $300K	ICX  $0.3202  ↓12%  $298K	WAVES  $1.1343  ↓8.9%  $281K	OMG  $1.5085  ↓8.5%  $238K	QTUM  $1.6908  ↓9.4%  $234K
OXT  $0.1803  ↓7.0%  $201K	LSK  $1.1790  ↓9.4%  $119K	GNO  $29.725  ↓5.3%  $78.2K	XDG  $0.0024  ↓5.3%  $55.3K

#####################. 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 11 2020)



Figure 2: Mid-size trading assets: (measured in USD) (June 11 2020)



Figure 3: Smallest trading assets: (measured in USD) (June 11 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 11 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 11 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 11 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 11 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.