Kraken Daily Market Report for July 23 2020

Overview


  • Total trading volume at $232.2 million, which is the largest per day since June 15th.
  • The large trading volume was fueled by Ethereum, which was 26% of the total crypto market. Ethereum prices over USD and EUR jumped 5% between 15:00 and 17:00 UTC.
  • Two of the newest coins to the exchange were on the opposite sides of the spectrum. KAVA was down 6.2% against USD, while STORJ was up 9.8%.

July 23, 2020 
 $232.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$9611.9 
↑0.9% 
$115.6M
ETH 
$275.88 
↑4.2% 
$62.9M
USDT 
$1.0009 
↓0.04% 
$17.4M
LINK 
$7.9045 
↑5.5% 
$9.62M
XTZ 
$3.1844 
↑2.7% 
$7.58M
XRP 
$0.2085 
↑2.1% 
$6.78M
ADA 
$0.1243 
↓0.07% 
$4.06M
BCH 
$238.79 
↓0.27% 
$2.72M
XLM 
$0.0981 
↑0.8% 
$2.25M
LTC 
$44.989 
↓0.17% 
$2.22M
USDC 
$1.0005 
↑0.03% 
$2.2M
REP 
$22.695 
↓4.7% 
$1.38M
XMR 
$73.060 
↑2.5% 
$1.26M
DAI 
$1.0321 
↑0.7% 
$1.13M
KAVA 
$2.7275 
↓6.2% 
$1.05M
ALGO 
$0.3296 
↓4.7% 
$868K
EOS 
$2.6561 
↓0.29% 
$810K
WAVES 
$1.5882 
↓4.9% 
$704K
ATOM 
$3.9642 
↓1.2% 
$669K
KNC 
$1.6057 
↓2.8% 
$544K
BAT 
$0.2647 
↑0.31% 
$506K
DASH 
$73.404 
↑0.29% 
$504K
OMG 
$1.6896 
↓1.3% 
$445K
PAXG 
$1891.4 
↑1.0% 
$382K
ZEC 
$63.559 
↓1.0% 
$369K
NANO 
$1.0154 
↓2.5% 
$294K
ICX 
$0.4079 
↓2.0% 
$277K
ETC 
$6.4484 
↑1.3% 
$253K
XDG 
$0.0033 
↑0.5% 
$209K
QTUM 
$2.3587 
↓1.5% 
$203K
SC 
$0.0032 
↓1.7% 
$162K
OXT 
$0.1859 
↑0.9% 
$151K
COMP 
$157.03 
↓0.5% 
$150K
TRX 
$0.0179 
↓0.5% 
$125K
MLN 
$12.193 
↓0.6% 
$116K
STORJ 
$0.1998 
↑9.8% 
$93.2K
GNO 
$32.205 
↓0.05% 
$81.3K
LSK 
$1.2807 
↑0.12% 
$77.6K



#####################. 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 23 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 23 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 23 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 23 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 23 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 23 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 23 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.