Kraken Daily Market Report for July 10 2020

Overview


  • Total trading volume at $143.1 million, which is on par with the weekly average of $140.1 million.
  • There was heavy trading with XBT/EUR mid-day UTC that was not associated with any particular price movements. This caused trading with Euros to be the dominate currency (53% of total fiat trading).
  • Dogecoin had a 19% decline, erasing some of Wednesday’s gains. Today’s winner was ATOM, up 6.9% over USD. Keep an eye on Stellar (XLM), which was establishing a run at the end of the day (up 56% since June 27th).

July 10, 2020 
 $143.1M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9286.0 
↑0.6% 
$77.4M
ETH 
$241.09 
↓0.4% 
$16.7M
USDT 
$0.9998 
↑0.01% 
$15.6M
ADA 
$0.1183 
↓4.7% 
$9.55M
XRP 
$0.1989 
↓1.8% 
$4.98M
LINK 
$6.1409 
↑0.9% 
$4.55M
XDG 
$0.0035 
↓19% 
$4.08M
XTZ 
$2.5408 
↑0.4% 
$2.84M
XLM 
$0.0889 
↓1.7% 
$2.35M
ATOM 
$4.0587 
↑6.9% 
$2.16M
XMR 
$67.319 
↑0.09% 
$1.53M
BCH 
$238.20 
↑0.08% 
$1.23M
USDC 
$1.0001 
↑0.0% 
$1.23M
LTC 
$44.274 
↓0.14% 
$900K
TRX 
$0.0181 
↓2.3% 
$593K
DAI 
$1.0189 
↓0.0% 
$510K
SC 
$0.0033 
↓3.9% 
$424K
ALGO 
$0.2499 
↑3.6% 
$371K
ETC 
$6.3775 
↓4.0% 
$359K
PAXG 
$1806.4 
↓0.05% 
$312K
EOS 
$2.6211 
↓1.0% 
$311K
BAT 
$0.2547 
↓2.7% 
$288K
REP 
$19.210 
↓0.24% 
$283K
ICX 
$0.4012 
↑2.5% 
$237K
QTUM 
$2.0338 
↓4.5% 
$228K
DASH 
$71.541 
↓0.4% 
$218K
NANO 
$1.0051 
↓2.9% 
$192K
ZEC 
$55.979 
↓1.5% 
$175K
WAVES 
$1.1603 
↓1.1% 
$120K
GNO 
$26.980 
↑4.9% 
$96.5K
OXT 
$0.1692 
↑0.4% 
$92.5K
MLN 
$12.951 
↑0.5% 
$66.8K
OMG 
$1.5446 
↓0.5% 
$55.1K
LSK 
$1.1937 
↓0.13% 
$19.4K



#####################. 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 (July 10 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 10 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 10 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 10 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 10 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 10 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 10 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.