| Market Reports

Kraken Daily Market Report for July 14 2020

Overview


  • Total trading volume at $152.0 million, on par with the weekly average of $154.3 million.
  • For the first time in several months, Ethereum was not the second most traded crypto. The second most traded crypto was Chainlink (LINK), which had 13% of the crypto trading volume: $19.9 million in trading, $12.7 million against USD.
  • High LINK trading was a result of 13% returns over USD. Today was also a big day for WAVES (+12%), and Cardano continues its impressive summer (+6.4% today, + 468% since March 12th).

July 14, 2020 
 $152.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9253.2 
↑0.21% 
$77.2M
LINK 
$8.1016 
↑13% 
$19.9M
ETH 
$240.31 
↑0.5% 
$14.2M
USDT 
$0.9997 
↑0.05% 
$12.4M
XTZ 
$2.9664 
↑2.6% 
$7.93M
ADA 
$0.1321 
↑6.4% 
$7.93M
ATOM 
$3.9557 
↑2.3% 
$2.46M
XRP 
$0.1989 
↑0.3% 
$2.43M
USDC 
$1.0001 
↑0.03% 
$1.46M
XLM 
$0.0922 
↑2.6% 
$1.45M
XMR 
$67.937 
↓1.8% 
$1.34M
LTC 
$43.864 
↓0.03% 
$1.19M
BCH 
$230.04 
↓0.8% 
$1.13M
ALGO 
$0.2721 
↑2.7% 
$929K
XDG 
$0.0032 
↑4.5% 
$793K
EOS 
$2.5602 
↑0.4% 
$746K
QTUM 
$2.3473 
↑6.2% 
$553K
OXT 
$0.1949 
↓2.0% 
$535K
REP 
$20.039 
↑6.8% 
$526K
DAI 
$1.0161 
↑0.06% 
$479K
ZEC 
$61.885 
↑1.1% 
$451K
DASH 
$71.813 
↑0.09% 
$395K
PAXG 
$1814.0 
↑0.12% 
$368K
WAVES 
$1.3165 
↑12% 
$359K
TRX 
$0.0176 
↑0.7% 
$351K
BAT 
$0.2623 
↓0.3% 
$314K
ICX 
$0.4071 
↓1.2% 
$268K
SC 
$0.0033 
↓0.07% 
$225K
NANO 
$0.9978 
↑1.2% 
$211K
ETC 
$6.3280 
↑0.5% 
$148K
OMG 
$1.5275 
↓0.4% 
$105K
MLN 
$12.394 
↓0.8% 
$97.2K
LSK 
$1.2307 
↑0.5% 
$75.7K
GNO 
$28.150 
↑3.9% 
$74.6K

Overview


  • Total trading volume at $152.0 million, on par with the weekly average of $154.3 million.
  • For the first time in several months, Ethereum was not the second most traded crypto. The second most traded crypto was Chainlink (LINK), which had 13% of the crypto trading volume: $19.9 million in trading, $12.7 million against USD.
  • High LINK trading was a result of 13% returns over USD. Today was also a big day for WAVES (+12%), and Cardano continues its impressive summer (+6.4% today, + 468% since March 12th).

July 14, 2020 
 $152.0M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9253.2 
↑0.21% 
$77.2M
LINK 
$8.1016 
↑13% 
$19.9M
ETH 
$240.31 
↑0.5% 
$14.2M
USDT 
$0.9997 
↑0.05% 
$12.4M
XTZ 
$2.9664 
↑2.6% 
$7.93M
ADA 
$0.1321 
↑6.4% 
$7.93M
ATOM 
$3.9557 
↑2.3% 
$2.46M
XRP 
$0.1989 
↑0.3% 
$2.43M
USDC 
$1.0001 
↑0.03% 
$1.46M
XLM 
$0.0922 
↑2.6% 
$1.45M
XMR 
$67.937 
↓1.8% 
$1.34M
LTC 
$43.864 
↓0.03% 
$1.19M
BCH 
$230.04 
↓0.8% 
$1.13M
ALGO 
$0.2721 
↑2.7% 
$929K
XDG 
$0.0032 
↑4.5% 
$793K
EOS 
$2.5602 
↑0.4% 
$746K
QTUM 
$2.3473 
↑6.2% 
$553K
OXT 
$0.1949 
↓2.0% 
$535K
REP 
$20.039 
↑6.8% 
$526K
DAI 
$1.0161 
↑0.06% 
$479K
ZEC 
$61.885 
↑1.1% 
$451K
DASH 
$71.813 
↑0.09% 
$395K
PAXG 
$1814.0 
↑0.12% 
$368K
WAVES 
$1.3165 
↑12% 
$359K
TRX 
$0.0176 
↑0.7% 
$351K
BAT 
$0.2623 
↓0.3% 
$314K
ICX 
$0.4071 
↓1.2% 
$268K
SC 
$0.0033 
↓0.07% 
$225K
NANO 
$0.9978 
↑1.2% 
$211K
ETC 
$6.3280 
↑0.5% 
$148K
OMG 
$1.5275 
↓0.4% 
$105K
MLN 
$12.394 
↓0.8% 
$97.2K
LSK 
$1.2307 
↑0.5% 
$75.7K
GNO 
$28.150 
↑3.9% 
$74.6K



#####################. 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 14 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 14 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 14 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 14 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 14 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 14 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 14 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.