Kraken Daily Market Report for July 25 2020

Overview


  • Total trading volume at $160.4 million – largest trading volume for a Saturday since May 30th. The above average trading was fueled by steady gains from Bitcoin, and a price run on Ethereum that resulted in 9.2% returns over USD.
  • Most cryptos were in the green, including big gains from Cardano +18% and Litecoin +11%.
  • The most traded pair of the day was ETH/USD, and the most traded asset was Ethereum. Bitcoin not being the most traded crypto asset or having the largest pair has not occurred since we have been tracking this blog in the fall of 2019.

July 25, 2020 
 $160.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
ETH 
$305.85 
↑9.2% 
$60.6M
XBT 
$9708.7 
↑1.6% 
$58.9M
ADA 
$0.1440 
↑18% 
$13.9M
USDT 
$1.0011 
↓0.01% 
$8.5M
LTC 
$49.129 
↑11% 
$4.96M
LINK 
$7.6840 
↑3.4% 
$4.71M
XTZ 
$3.0630 
↑0.9% 
$4.5M
XRP 
$0.2148 
↑5.3% 
$4.43M
BCH 
$250.95 
↑6.5% 
$3.37M
USDC 
$0.9999 
↑0.0% 
$2.81M
DAI 
$1.0039 
↓3.1% 
$1.43M
ATOM 
$3.9181 
↑2.4% 
$1.26M
EOS 
$2.7312 
↑5.0% 
$1.2M
XLM 
$0.1007 
↑5.2% 
$1.03M
ALGO 
$0.3197 
↑2.4% 
$697K
REP 
$23.022 
↓0.6% 
$628K
KAVA 
$2.5048 
↑0.29% 
$590K
XMR 
$73.665 
↑2.7% 
$491K
PAXG 
$1909.2 
↓0.14% 
$379K
WAVES 
$1.5280 
↓2.5% 
$342K
ETC 
$6.7109 
↑7.1% 
$319K
TRX 
$0.0188 
↑4.8% 
$280K
DASH 
$74.638 
↑3.6% 
$280K
BAT 
$0.2636 
↑2.3% 
$268K
XDG 
$0.0032 
↑1.2% 
$254K
SC 
$0.0031 
↑0.0% 
$245K
OMG 
$1.6453 
↑1.2% 
$211K
ZEC 
$65.755 
↑4.2% 
$180K
KNC 
$1.5471 
↓2.6% 
$167K
ICX 
$0.3999 
↑1.2% 
$149K
QTUM 
$2.4086 
↑5.3% 
$145K
MLN 
$12.990 
↑2.0% 
$136K
OXT 
$0.1804 
↓1.4% 
$134K
GNO 
$33.494 
↑2.4% 
$115K
LSK 
$1.2787 
↑2.5% 
$107K
STORJ 
$0.1898 
↑1.1% 
$101K
NANO 
$0.9905 
↑0.05% 
$86.7K
COMP 
$155.79 
↑0.3% 
$65.9K



#####################. 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 25 2020)



Figure 2: Mid-size trading assets: (measured in USD) (July 25 2020)



Figure 3: Smallest trading assets: (measured in USD) (July 25 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 25 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (July 25 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 25 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 25 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.