Kraken Daily Market Report for July 03 2020

Overview


  • Total trading volume at $83.4 million, which is below the weekly average ($114.2 million) as it was a holiday in the US. As a result, trading with EUR was 52% of fiat total volume, while trading with USD was only 45% – typically, these numbers are the other way around.
  • Non-Bitcoin and non-Ethereum coins had a relatively big day with 37% of the crypto trading volume. This is especially true for USDT (11% of the crypto volume) and Cardano (9.9% of the crypto volume).
  • Trading with Australian dollar continued to increase to $0.7 million (USD equivalent), beating out JPY, CAD, and CHF in terms of total trading volume.
  • The majority of cryptos were in a holding pattern. Some exceptions were Augur 7.8%, Icon 6.3%, Cardano 3.7% and Monero -3.7% over USD.

July 03, 2020 
 $83.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9071.5 
↓0.16% 
$46.4M
ETH 
$225.31 
↓0.5% 
$9.79M
USDT 
$1.0000 
↑0.01% 
$9.72M
ADA 
$0.0964 
↑3.7% 
$8.8M
XTZ 
$2.2789 
↓2.4% 
$1.91M
XRP 
$0.1764 
↑0.9% 
$1.71M
LINK 
$4.7464 
↓1.1% 
$1.43M
XMR 
$62.789 
↓3.7% 
$1.19M
USDC 
$0.9999 
↓0.01% 
$1.16M
BCH 
$221.09 
↑0.6% 
$954K
DAI 
$1.0158 
↑0.4% 
$779K
TRX 
$0.0166 
↑0.4% 
$637K
REP 
$18.165 
↑7.8% 
$560K
LTC 
$41.204 
↑0.4% 
$555K
XLM 
$0.0671 
↓0.7% 
$472K
ATOM 
$2.6943 
↑1.4% 
$378K
ICX 
$0.3389 
↑6.3% 
$284K
EOS 
$2.4183 
↑2.5% 
$280K
PAXG 
$1785.5 
↑0.16% 
$239K
DASH 
$66.476 
↓0.21% 
$220K
BAT 
$0.2417 
↓0.15% 
$218K
OMG 
$1.4472 
↑2.1% 
$150K
SC 
$0.0029 
↑2.1% 
$149K
ZEC 
$51.204 
↑0.05% 
$138K
ALGO 
$0.2035 
↓0.6% 
$124K
OXT 
$0.1508 
↓0.9% 
$122K
MLN 
$13.673 
↑0.8% 
$118K
GNO 
$26.199 
↑1.1% 
$110K
NANO 
$0.9289 
↑0.3% 
$96.6K
QTUM 
$1.6354 
↓0.7% 
$72.8K
ETC 
$5.6519 
↑0.22% 
$59.1K
XDG 
$0.0023 
↓0.4% 
$30.8K
LSK 
$1.1190 
↓2.0% 
$26.0K
WAVES 
$1.1209 
↓0.7% 
$19.3K



#####################. 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 (July 03 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 03 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 03 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 (July 03 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 03 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 (July 03 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. (July 03 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.