| Market Reports

Kraken Daily Market Report for August 07 2020

Overview


  • Total trading volume at $335.2 million, continuing the trend of higher trading volume that started in the last week of July.
  • Trading with Euros beat out Dollars again, even though the most volatile hours for Bitcoin were during US business hours.
  • Some of the best returns were with smaller coins: WAVES (+4.1%), KAVA (+4.5%), COMP (+13%), and MLN (+16%). The rest of the market was neutral or slightly down.

August 07, 2020 
 $335.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11602. 
↓1.4% 
$176.9M
ETH 
$379.62 
↓3.9% 
$77.6M
USDT 
$1.0010 
↑0.02% 
$19.4M
XRP 
$0.2945 
↓2.9% 
$17.9M
LINK 
$10.100 
↓1.5% 
$12.0M
BCH 
$302.55 
↓2.1% 
$10.1M
XTZ 
$3.0823 
↓4.6% 
$6.83M
ADA 
$0.1390 
↓4.0% 
$5.94M
LTC 
$57.225 
↓3.1% 
$5.03M
EOS 
$3.0139 
↓2.5% 
$2.82M
USDC 
$0.9999 
↑0.02% 
$2.79M
WAVES 
$1.7775 
↑4.1% 
$2.55M
XMR 
$94.104 
↓1.4% 
$2.44M
KAVA 
$3.5350 
↑4.5% 
$1.81M
ZEC 
$94.454 
↓2.4% 
$1.77M
XLM 
$0.1030 
↓3.1% 
$1.5M
ALGO 
$0.3694 
↑1.4% 
$1.25M
DASH 
$96.599 
↓3.9% 
$1.17M
ETC 
$6.8699 
↓3.3% 
$1.09M
DAI 
$1.0181 
↑0.28% 
$725K
ATOM 
$4.0146 
↓4.0% 
$667K
COMP 
$154.46 
↑13% 
$639K
PAXG 
$2052.9 
↓1.2% 
$565K
MLN 
$21.703 
↑16% 
$544K
KNC 
$1.5291 
↓4.8% 
$441K
BAT 
$0.2530 
↓2.2% 
$356K
REP 
$20.855 
↓3.4% 
$333K
OMG 
$1.5673 
↓2.4% 
$293K
TRX 
$0.0198 
↓1.7% 
$287K
XDG 
$0.0034 
↓1.7% 
$265K
QTUM 
$2.6470 
↓4.2% 
$263K
OXT 
$0.1734 
↑0.9% 
$245K
LSK 
$1.4094 
↑1.5% 
$187K
SC 
$0.0031 
↓1.1% 
$144K
ICX 
$0.3787 
↓3.0% 
$140K
NANO 
$1.0217 
↓1.5% 
$97.8K
GNO 
$30.965 
↓1.8% 
$91.7K
STORJ 
$0.1946 
↓2.4% 
$88.2K
REPV2 
$20.361 
↓2.4% 
$55.9K

Overview


  • Total trading volume at $335.2 million, continuing the trend of higher trading volume that started in the last week of July.
  • Trading with Euros beat out Dollars again, even though the most volatile hours for Bitcoin were during US business hours.
  • Some of the best returns were with smaller coins: WAVES (+4.1%), KAVA (+4.5%), COMP (+13%), and MLN (+16%). The rest of the market was neutral or slightly down.

August 07, 2020 
 $335.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11602. 
↓1.4% 
$176.9M
ETH 
$379.62 
↓3.9% 
$77.6M
USDT 
$1.0010 
↑0.02% 
$19.4M
XRP 
$0.2945 
↓2.9% 
$17.9M
LINK 
$10.100 
↓1.5% 
$12.0M
BCH 
$302.55 
↓2.1% 
$10.1M
XTZ 
$3.0823 
↓4.6% 
$6.83M
ADA 
$0.1390 
↓4.0% 
$5.94M
LTC 
$57.225 
↓3.1% 
$5.03M
EOS 
$3.0139 
↓2.5% 
$2.82M
USDC 
$0.9999 
↑0.02% 
$2.79M
WAVES 
$1.7775 
↑4.1% 
$2.55M
XMR 
$94.104 
↓1.4% 
$2.44M
KAVA 
$3.5350 
↑4.5% 
$1.81M
ZEC 
$94.454 
↓2.4% 
$1.77M
XLM 
$0.1030 
↓3.1% 
$1.5M
ALGO 
$0.3694 
↑1.4% 
$1.25M
DASH 
$96.599 
↓3.9% 
$1.17M
ETC 
$6.8699 
↓3.3% 
$1.09M
DAI 
$1.0181 
↑0.28% 
$725K
ATOM 
$4.0146 
↓4.0% 
$667K
COMP 
$154.46 
↑13% 
$639K
PAXG 
$2052.9 
↓1.2% 
$565K
MLN 
$21.703 
↑16% 
$544K
KNC 
$1.5291 
↓4.8% 
$441K
BAT 
$0.2530 
↓2.2% 
$356K
REP 
$20.855 
↓3.4% 
$333K
OMG 
$1.5673 
↓2.4% 
$293K
TRX 
$0.0198 
↓1.7% 
$287K
XDG 
$0.0034 
↓1.7% 
$265K
QTUM 
$2.6470 
↓4.2% 
$263K
OXT 
$0.1734 
↑0.9% 
$245K
LSK 
$1.4094 
↑1.5% 
$187K
SC 
$0.0031 
↓1.1% 
$144K
ICX 
$0.3787 
↓3.0% 
$140K
NANO 
$1.0217 
↓1.5% 
$97.8K
GNO 
$30.965 
↓1.8% 
$91.7K
STORJ 
$0.1946 
↓2.4% 
$88.2K
REPV2 
$20.361 
↓2.4% 
$55.9K



#####################. 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 (August 07 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 07 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 07 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 07 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 07 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 07 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 07 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.