Kraken Daily Market Report for July 22 2020

Overview


  • Total trading volume at $165.2 million. Trading above the weekly average of $130.7 million from a price spike around 23:00 UTC that resulted in a 1.4% gain for XBT/USD and a 7.6% gain for ETH/USD.
  • Ethereum had the best returns over the day, all other cryptos were within +/- 4% against USD and XBT. One exception was Melon, -4.9% against USD.
  • The biggest increase in trading volume percentage was with Australian dollar, which had almost $1.8 million in total trading volume.

July 22, 2020 
 $165.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9529.8 
↑1.4% 
$89.3M
ETH 
$264.66 
↑7.6% 
$36.2M
USDT 
$1.0013 
↑0.09% 
$14.2M
LINK 
$7.4954 
↑2.5% 
$5.91M
XRP 
$0.2041 
↑2.4% 
$4.15M
XTZ 
$3.1009 
↑2.5% 
$3.51M
ADA 
$0.1244 
↑0.9% 
$2.31M
USDC 
$1.0001 
↑0.03% 
$2.2M
REP 
$23.819 
↑1.3% 
$1.73M
LTC 
$45.065 
↑2.9% 
$1.56M
BCH 
$239.44 
↑3.9% 
$1.53M
KAVA 
$2.9070 
↑0.5% 
$1.31M
XLM 
$0.0973 
↑0.8% 
$1.14M
WAVES 
$1.6705 
↑0.6% 
$805K
PAXG 
$1873.4 
↑1.5% 
$740K
ATOM 
$4.0131 
↑0.0% 
$724K
XMR 
$71.264 
↑2.1% 
$710K
BAT 
$0.2638 
↑1.1% 
$604K
ALGO 
$0.3458 
↓0.12% 
$527K
DAI 
$1.0251 
↑1.5% 
$432K
OMG 
$1.7122 
↑3.7% 
$398K
ZEC 
$64.194 
↑2.7% 
$325K
EOS 
$2.6639 
↑1.6% 
$314K
ICX 
$0.4160 
↑0.9% 
$309K
COMP 
$157.75 
↓1.3% 
$271K
KNC 
$1.6522 
↓0.03% 
$214K
ETC 
$6.3634 
↑2.8% 
$199K
DASH 
$73.194 
↑2.6% 
$195K
QTUM 
$2.3941 
↑1.7% 
$185K
MLN 
$12.263 
↓4.9% 
$161K
XDG 
$0.0032 
↓0.28% 
$146K
NANO 
$1.0418 
↑3.5% 
$131K
TRX 
$0.0180 
↑2.1% 
$117K
GNO 
$32.220 
↑2.0% 
$111K
SC 
$0.0032 
↓0.15% 
$98.9K
LSK 
$1.2792 
↓0.6% 
$73.1K
STORJ 
$0.1820 
↑2.8% 
$60.5K
OXT 
$0.1842 
↑0.3% 
$55.1K



#####################. 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 22 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 22 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 22 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 22 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 22 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 22 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 22 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.