Overview

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• Total trading volume at $171.1 million. Bitcoin was fairly stable, and Ethereum prices were +/- 4% throughout the day (ended +1.6% over USD).
• Most cryptos had negative returns against USD. KAVA (-8.2%) had the largest losses for back-to-back days; yesterday’s best gainers (StorJ and LINK) were today’s largest losers (both down 5.9%). In contrast, Melon, which had an amazing run in June, was up 4.1%.
• After a few weeks where the smaller coins had above average trading volume, Bitcoin and Ethereum were king again with 75% of the crypto trading volume.

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July 24, 2020   $171.1M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $9553.1  ↓0.6%  $83.9M	ETH  $279.77  ↑1.6%  $50.4M	USDT  $1.0012  ↑0.03%  $12.7M	LINK  $7.4428  ↓5.9%  $5.67M	XTZ  $3.0364  ↓4.8%  $4.71M
XRP  $0.2043  ↓2.0%  $3.87M	ADA  $0.1221  ↓1.8%  $3.05M	USDC  $0.9999  ↓0.06%  $2.26M	BCH  $235.90  ↓1.2%  $1.4M	DAI  $1.0368  ↑0.5%  $1.29M
LTC  $44.200  ↓1.7%  $1.12M	XLM  $0.0957  ↓2.5%  $1.09M	XMR  $71.720  ↓1.7%  $870K	EOS  $2.5983  ↓2.1%  $735K	KAVA  $2.4958  ↓8.2%  $688K
ALGO  $0.3123  ↓5.2%  $622K	ATOM  $3.8249  ↓3.6%  $621K	REP  $23.161  ↑2.0%  $605K	WAVES  $1.5638  ↓1.4%  $522K	PAXG  $1912.0  ↑1.1%  $455K
ZEC  $63.070  ↓0.8%  $448K	KNC  $1.5837  ↓1.5%  $337K	BAT  $0.2577  ↓2.7%  $277K	TRX  $0.0179  ↑0.26%  $249K	OMG  $1.6254  ↓3.7%  $238K
ETC  $6.2709  ↓2.8%  $208K	SC  $0.0031  ↓2.3%  $208K	MLN  $12.725  ↑4.1%  $193K	DASH  $71.983  ↓1.9%  $186K	QTUM  $2.2885  ↓2.9%  $163K
XDG  $0.0032  ↓2.4%  $143K	OXT  $0.1829  ↓2.6%  $132K	GNO  $32.725  ↑1.7%  $127K	STORJ  $0.1878  ↓5.9%  $113K	ICX  $0.3955  ↓3.0%  $113K
NANO  $0.9899  ↓2.5%  $111K	LSK  $1.2469  ↓2.6%  $38.6K	COMP  $155.26  ↓0.7%  $33.3K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

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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 24 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 24 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 24 2020)

#####################. Spread %. ##########################################

Spread %

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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 24 2020)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (July 24 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 24 2020)

###########. Daily Returns. #################################################

Daily Returns %

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Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (July 24 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.