Kraken Daily Market Report for August 03 2020

Overview


  • Total trading volume at $288.5 million, down from the $341 million weekly average as Bitcoin prices held steady between $11,000 and $11,500.
  • Most coins had favorable returns over USD and XBT today. Link (+11%), Quantum (+9.1%), and Augur (+7.4%) were some of the best gainers over USD.
  • Ripple (+7.5%) trading remains hot; Ripple was 9.5% of the total crypto trading volume.

August 03, 2020 
 $288.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11246. 
↑1.6% 
$134.4M
ETH 
$386.14 
↑3.5% 
$82.9M
XRP 
$0.3102 
↑7.5% 
$29.8M
USDT 
$1.0006 
↑0.04% 
$17.3M
LINK 
$9.1725 
↑11% 
$9.46M
BCH 
$297.05 
↑4.5% 
$6.45M
XTZ 
$3.0764 
↑6.4% 
$4.93M
LTC 
$58.560 
↑3.1% 
$4.39M
ADA 
$0.1409 
↑4.4% 
$4.18M
USDC 
$1.0002 
↓0.01% 
$3.02M
XMR 
$89.152 
↑4.9% 
$1.58M
WAVES 
$1.6883 
↑5.6% 
$1.47M
XLM 
$0.1051 
↑2.3% 
$1.2M
ATOM 
$3.8550 
↓1.4% 
$1.18M
REP 
$20.392 
↑7.4% 
$1.12M
DASH 
$87.833 
↑3.0% 
$1.09M
EOS 
$3.0478 
↑3.3% 
$1.08M
ZEC 
$82.409 
↓2.3% 
$759K
PAXG 
$1982.6 
↓0.12% 
$710K
ETC 
$7.1745 
↓0.4% 
$655K
XDG 
$0.0033 
↑1.4% 
$517K
QTUM 
$2.6220 
↑9.1% 
$481K
KAVA 
$2.4394 
↑3.7% 
$467K
ALGO 
$0.3098 
↑2.7% 
$455K
DAI 
$1.0143 
↓0.5% 
$407K
NANO 
$1.0163 
↑3.5% 
$317K
OMG 
$1.5715 
↓0.9% 
$278K
KNC 
$1.3919 
↓1.6% 
$216K
BAT 
$0.2512 
↑3.4% 
$203K
OXT 
$0.1759 
↑1.3% 
$202K
TRX 
$0.0198 
↑4.2% 
$194K
SC 
$0.0031 
↓1.4% 
$183K
ICX 
$0.3750 
↑0.07% 
$163K
MLN 
$17.612 
↑2.5% 
$145K
COMP 
$127.20 
↓0.15% 
$128K
GNO 
$30.434 
↑0.8% 
$73.2K
STORJ 
$0.1867 
↑0.8% 
$70.4K
LSK 
$1.2688 
↑2.0% 
$65.3K



#####################. 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 03 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 03 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 03 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 03 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 03 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 03 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 03 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.