| Market Reports

Kraken Daily Market Report for July 12 2020

Overview


  • Total trading volume at $94.2 million, which is higher than the last four Sundays.
  • Bitcoin and Ethereum were only 54% of the crypto trading volume, Chainlink (LINK) was the third most traded crypto at 13%. LINK had strong volume from having 21% returns over USD.
  • Bitcoin and Ethereum ended the day with positive returns despite a flash up-and-down around mid-day UTC.

July 12, 2020 
 $94.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9298.1 
↑0.7% 
$36.3M
ETH 
$242.86 
↑1.4% 
$18.2M
LINK 
$7.3576 
↑21% 
$13.2M
XTZ 
$2.8199 
↑4.9% 
$6.11M
ADA 
$0.1271 
↑1.5% 
$6.08M
USDT 
$1.0001 
↑0.04% 
$5.63M
XRP 
$0.2011 
↓0.0% 
$2.76M
ATOM 
$4.0270 
↑2.7% 
$1.48M
BCH 
$237.40 
↑0.3% 
$1.18M
USDC 
$1.0002 
↑0.04% 
$1.11M
XLM 
$0.0954 
↑1.2% 
$1.11M
ALGO 
$0.2800 
↑0.19% 
$1.1M
LTC 
$44.755 
↑0.06% 
$1.02M
XMR 
$69.225 
↑0.7% 
$894K
ZEC 
$58.625 
↑5.0% 
$781K
XDG 
$0.0036 
↓5.0% 
$661K
EOS 
$2.6217 
↑0.02% 
$529K
DAI 
$1.0197 
↑0.04% 
$415K
OXT 
$0.1758 
↑3.7% 
$285K
TRX 
$0.0181 
↓0.9% 
$273K
DASH 
$72.120 
↓0.9% 
$268K
NANO 
$1.0433 
↑3.0% 
$212K
SC 
$0.0034 
↓1.8% 
$169K
WAVES 
$1.2110 
↑0.7% 
$168K
REP 
$19.510 
↑0.9% 
$156K
QTUM 
$2.0468 
↓1.6% 
$151K
ICX 
$0.3975 
↓1.6% 
$140K
BAT 
$0.2596 
↑0.6% 
$127K
MLN 
$12.912 
↑0.13% 
$126K
OMG 
$1.5389 
↑0.6% 
$120K
PAXG 
$1804.9 
↑0.02% 
$119K
LSK 
$1.2500 
↑2.0% 
$89.5K
ETC 
$6.4720 
↓0.5% 
$88.4K
GNO 
$27.492 
↑0.3% 
$63.4K

Overview


  • Total trading volume at $94.2 million, which is higher than the last four Sundays.
  • Bitcoin and Ethereum were only 54% of the crypto trading volume, Chainlink (LINK) was the third most traded crypto at 13%. LINK had strong volume from having 21% returns over USD.
  • Bitcoin and Ethereum ended the day with positive returns despite a flash up-and-down around mid-day UTC.

July 12, 2020 
 $94.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9298.1 
↑0.7% 
$36.3M
ETH 
$242.86 
↑1.4% 
$18.2M
LINK 
$7.3576 
↑21% 
$13.2M
XTZ 
$2.8199 
↑4.9% 
$6.11M
ADA 
$0.1271 
↑1.5% 
$6.08M
USDT 
$1.0001 
↑0.04% 
$5.63M
XRP 
$0.2011 
↓0.0% 
$2.76M
ATOM 
$4.0270 
↑2.7% 
$1.48M
BCH 
$237.40 
↑0.3% 
$1.18M
USDC 
$1.0002 
↑0.04% 
$1.11M
XLM 
$0.0954 
↑1.2% 
$1.11M
ALGO 
$0.2800 
↑0.19% 
$1.1M
LTC 
$44.755 
↑0.06% 
$1.02M
XMR 
$69.225 
↑0.7% 
$894K
ZEC 
$58.625 
↑5.0% 
$781K
XDG 
$0.0036 
↓5.0% 
$661K
EOS 
$2.6217 
↑0.02% 
$529K
DAI 
$1.0197 
↑0.04% 
$415K
OXT 
$0.1758 
↑3.7% 
$285K
TRX 
$0.0181 
↓0.9% 
$273K
DASH 
$72.120 
↓0.9% 
$268K
NANO 
$1.0433 
↑3.0% 
$212K
SC 
$0.0034 
↓1.8% 
$169K
WAVES 
$1.2110 
↑0.7% 
$168K
REP 
$19.510 
↑0.9% 
$156K
QTUM 
$2.0468 
↓1.6% 
$151K
ICX 
$0.3975 
↓1.6% 
$140K
BAT 
$0.2596 
↑0.6% 
$127K
MLN 
$12.912 
↑0.13% 
$126K
OMG 
$1.5389 
↑0.6% 
$120K
PAXG 
$1804.9 
↑0.02% 
$119K
LSK 
$1.2500 
↑2.0% 
$89.5K
ETC 
$6.4720 
↓0.5% 
$88.4K
GNO 
$27.492 
↑0.3% 
$63.4K



#####################. 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 12 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 12 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 12 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 12 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 12 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 12 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 12 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.