Kraken Daily Market Report for July 09 2020
Overview
- Total trading volume at $188.2 million, moving the week-over-week average up by 7.6%.
- Bitcoin and Ethereum prices were relatively stable until around 14:00 UTC, when there was a 2-3% drop. Prices slightly recovered.
- Because of the timing of the drop, US traders were still making coffee and missed out: Euro trading volume was 52% of fiat trading.
- Dogecoin was down 8.6%, which is only a fraction of yesterday’s gains. The heavier trading activity has improved Dogecoin’s bid/ask spreads (under 1% against USD and EUR).
- Big gains today for Stellar (+6.1%), Atom (+6.9%), and Quantum (+5.5%); big losses for Siacoin (-9.2%) against USD.
| July 09, 2020 $188.2M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD |
||||
|---|---|---|---|---|
| XBT $9238.2 ↓2.1% $101.7M |
ETH $242.01 ↓2.0% $26.7M |
USDT $0.9997 ↓0.07% $11.9M |
ADA $0.1240 ↓4.4% $11.5M |
XRP $0.2025 ↓1.3% $9.09M |
| LINK $6.0802 ↓6.2% $7.43M |
XLM $0.0903 ↑6.1% $5.78M |
XDG $0.0043 ↓8.6% $3.9M |
XTZ $2.5284 ↓4.6% $3.45M |
BCH $238.05 ↓2.1% $2.0M |
| ATOM $3.7957 ↑6.9% $1.93M |
USDC $1.0001 ↑0.01% $1.79M |
LTC $44.345 ↓2.3% $1.73M |
DAI $1.0189 ↑0.25% $1.26M |
XMR $67.334 ↑1.7% $1.23M |
| EOS $2.6491 ↓1.0% $988K |
TRX $0.0185 ↑3.5% $656K |
ETC $6.6475 ↑0.4% $637K |
ALGO $0.2415 ↓2.2% $630K |
SC $0.0035 ↓9.2% $560K |
| QTUM $2.1303 ↑5.5% $548K |
ICX $0.3889 ↓2.4% $530K |
BAT $0.2615 ↓1.1% $464K |
NANO $1.0359 ↓4.2% $399K |
OXT $0.1687 ↓1.1% $328K |
| ZEC $56.889 ↓1.8% $308K |
REP $19.272 ↓5.0% $283K |
PAXG $1807.3 ↓0.4% $218K |
MLN $12.973 ↓2.8% $203K |
DASH $71.873 ↓1.2% $197K |
| OMG $1.5533 ↓3.9% $155K |
GNO $25.789 ↓4.3% $152K |
LSK $1.1951 ↓3.2% $102K |
WAVES $1.1721 ↓3.2% $88.7K |
|
Overview
- Total trading volume at $188.2 million, moving the week-over-week average up by 7.6%.
- Bitcoin and Ethereum prices were relatively stable until around 14:00 UTC, when there was a 2-3% drop. Prices slightly recovered.
- Because of the timing of the drop, US traders were still making coffee and missed out: Euro trading volume was 52% of fiat trading.
- Dogecoin was down 8.6%, which is only a fraction of yesterday’s gains. The heavier trading activity has improved Dogecoin’s bid/ask spreads (under 1% against USD and EUR).
- Big gains today for Stellar (+6.1%), Atom (+6.9%), and Quantum (+5.5%); big losses for Siacoin (-9.2%) against USD.
| July 09, 2020 $188.2M traded across all markets today Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD |
||||
|---|---|---|---|---|
| XBT $9238.2 ↓2.1% $101.7M |
ETH $242.01 ↓2.0% $26.7M |
USDT $0.9997 ↓0.07% $11.9M |
ADA $0.1240 ↓4.4% $11.5M |
XRP $0.2025 ↓1.3% $9.09M |
| LINK $6.0802 ↓6.2% $7.43M |
XLM $0.0903 ↑6.1% $5.78M |
XDG $0.0043 ↓8.6% $3.9M |
XTZ $2.5284 ↓4.6% $3.45M |
BCH $238.05 ↓2.1% $2.0M |
| ATOM $3.7957 ↑6.9% $1.93M |
USDC $1.0001 ↑0.01% $1.79M |
LTC $44.345 ↓2.3% $1.73M |
DAI $1.0189 ↑0.25% $1.26M |
XMR $67.334 ↑1.7% $1.23M |
| EOS $2.6491 ↓1.0% $988K |
TRX $0.0185 ↑3.5% $656K |
ETC $6.6475 ↑0.4% $637K |
ALGO $0.2415 ↓2.2% $630K |
SC $0.0035 ↓9.2% $560K |
| QTUM $2.1303 ↑5.5% $548K |
ICX $0.3889 ↓2.4% $530K |
BAT $0.2615 ↓1.1% $464K |
NANO $1.0359 ↓4.2% $399K |
OXT $0.1687 ↓1.1% $328K |
| ZEC $56.889 ↓1.8% $308K |
REP $19.272 ↓5.0% $283K |
PAXG $1807.3 ↓0.4% $218K |
MLN $12.973 ↓2.8% $203K |
DASH $71.873 ↓1.2% $197K |
| OMG $1.5533 ↓3.9% $155K |
GNO $25.789 ↓4.3% $152K |
LSK $1.1951 ↓3.2% $102K |
WAVES $1.1721 ↓3.2% $88.7K |
|
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 09 2020)
Figure 2: Mid-size trading assets: (measured in USD) (July 09 2020)
Figure 3: Smallest trading assets: (measured in USD) (July 09 2020)
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 09 2020)
Returns and Volume
Figure 5: Returns of the four highest volume pairs (July 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 (July 09 2020)
Daily Returns %
Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (July 09 2020)
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.
