| Market Reports

Kraken Daily Market Report for June 24 2020

Overview


  • Total trading volume at $203.6 million. Trading volume higher than the weekly average of $161.4 million based on a drop of 2% – 4% in Bitcoin that came in three waves.
  • Crypto prices retreated against USD today. Siacoin (SC) down 12%, Tezos (XTZ) down 5.7%, all others down 0% to 5%.
  • Yesterday, there was less than $3,000 in trading volume with JPY, today there was $0.5 million. In particular, $0.3 million was with USDT. USDT/JPY had not had a single trade since last Friday.

June 24, 2020 
 $203.6M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9290.8 
↓3.4% 
$132.2M
ETH 
$234.51 
↓3.5% 
$36.0M
USDT 
$0.9988 
↓0.09% 
$11.8M
XTZ 
$2.6250 
↓5.7% 
$5.26M
LINK 
$4.7072 
↓2.0% 
$5.09M
XRP 
$0.1833 
↓2.9% 
$3.25M
ADA 
$0.0825 
↓0.3% 
$3.17M
BCH 
$232.65 
↓3.3% 
$2.58M
USDC 
$0.9996 
↓0.05% 
$1.15M
LTC 
$42.595 
↓3.5% 
$1.14M
XMR 
$64.775 
↓3.1% 
$828K
ZEC 
$55.129 
↓5.2% 
$738K
EOS 
$2.4987 
↓2.8% 
$729K
SC 
$0.0031 
↓12% 
$698K
XLM 
$0.0689 
↓2.9% 
$697K
PAXG 
$1767.8 
↓0.5% 
$663K
DAI 
$1.0055 
↓0.08% 
$582K
REP 
$16.792 
↓4.6% 
$539K
MLN 
$13.193 
↓5.0% 
$451K
ALGO 
$0.2384 
↓4.5% 
$425K
ATOM 
$2.6783 
↓3.5% 
$419K
NANO 
$1.0558 
↓5.1% 
$366K
BAT 
$0.2489 
↓3.5% 
$319K
DASH 
$72.202 
↓2.4% 
$267K
QTUM 
$1.7316 
↓3.5% 
$150K
ETC 
$6.2095 
↓2.5% 
$140K
TRX 
$0.0159 
↓3.7% 
$115K
GNO 
$27.515 
↓3.9% 
$113K
OMG 
$1.5125 
↓3.4% 
$104K
WAVES 
$1.1854 
↓4.3% 
$102K
ICX 
$0.3167 
↓1.9% 
$98.5K
OXT 
$0.1735 
↓2.6% 
$87.3K
XDG 
$0.0024 
↓1.2% 
$43.9K
LSK 
$1.1928 
↓4.4% 
$34.3K

Overview


  • Total trading volume at $203.6 million. Trading volume higher than the weekly average of $161.4 million based on a drop of 2% – 4% in Bitcoin that came in three waves.
  • Crypto prices retreated against USD today. Siacoin (SC) down 12%, Tezos (XTZ) down 5.7%, all others down 0% to 5%.
  • Yesterday, there was less than $3,000 in trading volume with JPY, today there was $0.5 million. In particular, $0.3 million was with USDT. USDT/JPY had not had a single trade since last Friday.

June 24, 2020 
 $203.6M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9290.8 
↓3.4% 
$132.2M
ETH 
$234.51 
↓3.5% 
$36.0M
USDT 
$0.9988 
↓0.09% 
$11.8M
XTZ 
$2.6250 
↓5.7% 
$5.26M
LINK 
$4.7072 
↓2.0% 
$5.09M
XRP 
$0.1833 
↓2.9% 
$3.25M
ADA 
$0.0825 
↓0.3% 
$3.17M
BCH 
$232.65 
↓3.3% 
$2.58M
USDC 
$0.9996 
↓0.05% 
$1.15M
LTC 
$42.595 
↓3.5% 
$1.14M
XMR 
$64.775 
↓3.1% 
$828K
ZEC 
$55.129 
↓5.2% 
$738K
EOS 
$2.4987 
↓2.8% 
$729K
SC 
$0.0031 
↓12% 
$698K
XLM 
$0.0689 
↓2.9% 
$697K
PAXG 
$1767.8 
↓0.5% 
$663K
DAI 
$1.0055 
↓0.08% 
$582K
REP 
$16.792 
↓4.6% 
$539K
MLN 
$13.193 
↓5.0% 
$451K
ALGO 
$0.2384 
↓4.5% 
$425K
ATOM 
$2.6783 
↓3.5% 
$419K
NANO 
$1.0558 
↓5.1% 
$366K
BAT 
$0.2489 
↓3.5% 
$319K
DASH 
$72.202 
↓2.4% 
$267K
QTUM 
$1.7316 
↓3.5% 
$150K
ETC 
$6.2095 
↓2.5% 
$140K
TRX 
$0.0159 
↓3.7% 
$115K
GNO 
$27.515 
↓3.9% 
$113K
OMG 
$1.5125 
↓3.4% 
$104K
WAVES 
$1.1854 
↓4.3% 
$102K
ICX 
$0.3167 
↓1.9% 
$98.5K
OXT 
$0.1735 
↓2.6% 
$87.3K
XDG 
$0.0024 
↓1.2% 
$43.9K
LSK 
$1.1928 
↓4.4% 
$34.3K



#####################. 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 24 2020)



Figure 2: Mid-size trading assets: (measured in USD) (June 24 2020)



Figure 3: Smallest trading assets: (measured in USD) (June 24 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 24 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (June 24 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 24 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. (June 24 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.