| Market Reports

Kraken Daily Market Report for July 11 2020

Overview


  • Total trading volume at $67.2 million. The weekly average trading volume is up 37%, as last week was a US holiday weekend, but the 30-day average is down 30%, as May had some high volume days.
  • Bitcoin and Ethereum were only 52% of the fiat trading. Cardano, Tezos, Tether and Ripple were 25%; the remaining 23% was from the smaller coins, which did relatively well today.
  • Stellar was up 5.9% over USD, Dodgecoin reversed some of its loses yesterday (+8.1%), and ALGO was up 12%.

July 11, 2020 
 $67.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9234.5 
↓0.6% 
$28.9M
ETH 
$239.23 
↓0.9% 
$8.93M
ADA 
$0.1253 
↑5.7% 
$6.19M
XTZ 
$2.6857 
↑5.5% 
$4.25M
USDT 
$0.9997 
↓0.01% 
$4.23M
XRP 
$0.2011 
↑1.0% 
$3.13M
ATOM 
$3.9247 
↓3.3% 
$2.6M
XLM 
$0.0943 
↑5.9% 
$2.49M
LINK 
$6.1048 
↓0.7% 
$2.07M
ALGO 
$0.2797 
↑12% 
$1.54M
XDG 
$0.0038 
↑8.1% 
$1.23M
XMR 
$68.680 
↑2.0% 
$970K
BCH 
$236.65 
↓0.8% 
$775K
USDC 
$0.9999 
↓0.02% 
$700K
LTC 
$44.699 
↑0.9% 
$531K
SC 
$0.0035 
↑3.8% 
$390K
TRX 
$0.0183 
↑1.2% 
$384K
DASH 
$72.647 
↑1.3% 
$368K
DAI 
$1.0193 
↑0.04% 
$333K
QTUM 
$2.0799 
↑2.1% 
$297K
EOS 
$2.6202 
↓0.15% 
$220K
BAT 
$0.2580 
↑1.2% 
$212K
OXT 
$0.1695 
↑0.4% 
$198K
ETC 
$6.5049 
↑1.9% 
$180K
ICX 
$0.4037 
↑0.5% 
$172K
REP 
$19.340 
↑0.7% 
$153K
ZEC 
$55.770 
↓0.5% 
$130K
WAVES 
$1.2024 
↑3.7% 
$114K
OMG 
$1.5292 
↓1.0% 
$110K
GNO 
$27.387 
↑1.5% 
$109K
NANO 
$1.0128 
↑0.7% 
$99.2K
PAXG 
$1804.5 
↓0.18% 
$89.5K
MLN 
$12.878 
↓0.6% 
$84.3K
LSK 
$1.2258 
↑2.7% 
$55.5K

Overview


  • Total trading volume at $67.2 million. The weekly average trading volume is up 37%, as last week was a US holiday weekend, but the 30-day average is down 30%, as May had some high volume days.
  • Bitcoin and Ethereum were only 52% of the fiat trading. Cardano, Tezos, Tether and Ripple were 25%; the remaining 23% was from the smaller coins, which did relatively well today.
  • Stellar was up 5.9% over USD, Dodgecoin reversed some of its loses yesterday (+8.1%), and ALGO was up 12%.

July 11, 2020 
 $67.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9234.5 
↓0.6% 
$28.9M
ETH 
$239.23 
↓0.9% 
$8.93M
ADA 
$0.1253 
↑5.7% 
$6.19M
XTZ 
$2.6857 
↑5.5% 
$4.25M
USDT 
$0.9997 
↓0.01% 
$4.23M
XRP 
$0.2011 
↑1.0% 
$3.13M
ATOM 
$3.9247 
↓3.3% 
$2.6M
XLM 
$0.0943 
↑5.9% 
$2.49M
LINK 
$6.1048 
↓0.7% 
$2.07M
ALGO 
$0.2797 
↑12% 
$1.54M
XDG 
$0.0038 
↑8.1% 
$1.23M
XMR 
$68.680 
↑2.0% 
$970K
BCH 
$236.65 
↓0.8% 
$775K
USDC 
$0.9999 
↓0.02% 
$700K
LTC 
$44.699 
↑0.9% 
$531K
SC 
$0.0035 
↑3.8% 
$390K
TRX 
$0.0183 
↑1.2% 
$384K
DASH 
$72.647 
↑1.3% 
$368K
DAI 
$1.0193 
↑0.04% 
$333K
QTUM 
$2.0799 
↑2.1% 
$297K
EOS 
$2.6202 
↓0.15% 
$220K
BAT 
$0.2580 
↑1.2% 
$212K
OXT 
$0.1695 
↑0.4% 
$198K
ETC 
$6.5049 
↑1.9% 
$180K
ICX 
$0.4037 
↑0.5% 
$172K
REP 
$19.340 
↑0.7% 
$153K
ZEC 
$55.770 
↓0.5% 
$130K
WAVES 
$1.2024 
↑3.7% 
$114K
OMG 
$1.5292 
↓1.0% 
$110K
GNO 
$27.387 
↑1.5% 
$109K
NANO 
$1.0128 
↑0.7% 
$99.2K
PAXG 
$1804.5 
↓0.18% 
$89.5K
MLN 
$12.878 
↓0.6% 
$84.3K
LSK 
$1.2258 
↑2.7% 
$55.5K



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



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



Figure 3: Smallest trading assets: (measured in USD) (July 11 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 11 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 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 (July 11 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 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.