| Market Reports

Kraken Daily Market Report for August 01 2020

Overview


  • Total trading volume at $376.1 million, which is over 3 times higher than the average Saturday volume (avg. taken over last four months).
  • Trading volume surged as Bitcoin flirted with $12,000. These levels were briefly touched in early August of 2019, but have otherwise not been seen since early 2018. Ethereum (+12% over USD) also reached levels untouched since July of 2018.
  • KAVA was down 0.4%, DAI down 0.2%, but all other cryptos posted great returns over USD; including, Zcaash (+20%), Dogecoin (+15%), Dash (+13%), and Ripple (+12%). Ripple trading volume beat out Tether, Link, and Cardano to return to the the third most traded crypto (a spot it held for for several months during early 2020).

August 01, 2020 
 $376.1M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11820. 
↑4.0% 
$201.4M
ETH 
$388.12 
↑12% 
$91.7M
XRP 
$0.2913 
↑12% 
$28.8M
USDT 
$1.0014 
↑0.0% 
$15.5M
LINK 
$8.3465 
↑6.9% 
$7.82M
ADA 
$0.1450 
↑3.5% 
$7.62M
LTC 
$61.784 
↑5.9% 
$7.06M
BCH 
$320.0 
↑6.0% 
$6.79M
XTZ 
$3.0412 
↑6.9% 
$6.69M
USDC 
$1.0001 
↑0.03% 
$2.35M
XLM 
$0.1076 
↑11% 
$2.25M
ZEC 
$90.007 
↑20% 
$2.1M
EOS 
$3.3097 
↑6.7% 
$1.86M
XMR 
$89.779 
↑6.0% 
$1.81M
ATOM 
$4.0859 
↑7.6% 
$1.5M
XDG 
$0.0037 
↑15% 
$1.19M
DASH 
$93.214 
↑13% 
$1.11M
DAI 
$1.0206 
↓0.19% 
$965K
ETC 
$7.8644 
↑5.9% 
$950K
REP 
$20.642 
↑2.4% 
$558K
MLN 
$19.019 
↑7.6% 
$497K
KAVA 
$2.4303 
↓0.4% 
$494K
PAXG 
$1984.5 
↑0.23% 
$456K
TRX 
$0.0204 
↑3.9% 
$426K
QTUM 
$2.6585 
↑9.7% 
$423K
KNC 
$1.4821 
↑0.9% 
$369K
SC 
$0.0032 
↑8.1% 
$362K
WAVES 
$1.5728 
↑3.2% 
$328K
OMG 
$1.6558 
↑4.6% 
$305K
ALGO 
$0.3287 
↑0.3% 
$298K
BAT 
$0.2589 
↑2.3% 
$293K
NANO 
$0.9916 
↑6.1% 
$289K
ICX 
$0.3841 
↑2.7% 
$283K
OXT 
$0.1821 
↑2.7% 
$176K
COMP 
$138.16 
↑2.4% 
$146K
GNO 
$31.935 
↑3.1% 
$119K
LSK 
$1.3255 
↑3.9% 
$119K
STORJ 
$0.1888 
↑1.3% 
$109K

Overview


  • Total trading volume at $376.1 million, which is over 3 times higher than the average Saturday volume (avg. taken over last four months).
  • Trading volume surged as Bitcoin flirted with $12,000. These levels were briefly touched in early August of 2019, but have otherwise not been seen since early 2018. Ethereum (+12% over USD) also reached levels untouched since July of 2018.
  • KAVA was down 0.4%, DAI down 0.2%, but all other cryptos posted great returns over USD; including, Zcaash (+20%), Dogecoin (+15%), Dash (+13%), and Ripple (+12%). Ripple trading volume beat out Tether, Link, and Cardano to return to the the third most traded crypto (a spot it held for for several months during early 2020).

August 01, 2020
$376.1M traded across all markets today
Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT 
$11820.
↑4.0%
$201.4M
ETH 
$388.12
↑12%
$91.7M
XRP 
$0.2913
↑12%
$28.8M
USDT 
$1.0014
↑0.0%
$15.5M
LINK 
$8.3465
↑6.9%
$7.82M
ADA 
$0.1450
↑3.5%
$7.62M
LTC 
$61.784
↑5.9%
$7.06M
BCH 
$320.0
↑6.0%
$6.79M
XTZ 
$3.0412
↑6.9%
$6.69M
USDC 
$1.0001
↑0.03%
$2.35M
XLM 
$0.1076
↑11%
$2.25M
ZEC 
$90.007
↑20%
$2.1M
EOS 
$3.3097
↑6.7%
$1.86M
XMR 
$89.779
↑6.0%
$1.81M
ATOM 
$4.0859
↑7.6%
$1.5M
XDG 
$0.0037
↑15%
$1.19M
DASH 
$93.214
↑13%
$1.11M
DAI 
$1.0206
↓0.19%
$965K
ETC 
$7.8644
↑5.9%
$950K
REP 
$20.642
↑2.4%
$558K
MLN 
$19.019
↑7.6%
$497K
KAVA 
$2.4303
↓0.4%
$494K
PAXG 
$1984.5
↑0.23%
$456K
TRX 
$0.0204
↑3.9%
$426K
QTUM 
$2.6585
↑9.7%
$423K
KNC 
$1.4821
↑0.9%
$369K
SC 
$0.0032
↑8.1%
$362K
WAVES 
$1.5728
↑3.2%
$328K
OMG 
$1.6558
↑4.6%
$305K
ALGO 
$0.3287
↑0.3%
$298K
BAT 
$0.2589
↑2.3%
$293K
NANO 
$0.9916
↑6.1%
$289K
ICX 
$0.3841
↑2.7%
$283K
OXT 
$0.1821
↑2.7%
$176K
COMP 
$138.16
↑2.4%
$146K
GNO 
$31.935
↑3.1%
$119K
LSK 
$1.3255
↑3.9%
$119K
STORJ 
$0.1888
↑1.3%
$109K



#####################. 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 (August 01 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 01 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 01 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 (August 01 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 01 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 (August 01 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. (August 01 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.