Kraken Daily Market Report for August 10 2020

Overview


  • Total trading volume at $364.3 million, which is about 50% higher than the 30-day average of $242.4 million.
  • Bitcoin prices were turbulent: around 2:00 UTC there was a sharp 3% uptick against EUR and USD. Then around 10:00 UTC, there was a sharp 3% downtick – two hours later, a sharp 2% uptick. Bitcoin closed the day +1.7% against USD.
  • The coin of the day was Tezos (+16%), also strong performances by NANO (+13%), and ALGO +10%).

August 10, 2020 
 $364.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$11889. 
↑1.7% 
$204.5M
ETH 
$395.95 
↑1.3% 
$49.3M
USDT 
$1.0008 
↑0.02% 
$30.2M
XTZ 
$4.2808 
↑16% 
$23.0M
LINK 
$13.471 
↓2.7% 
$22.2M
XRP 
$0.2947 
↑2.3% 
$11.0M
KAVA 
$4.4858 
↓3.6% 
$4.63M
BCH 
$302.5 
↑0.8% 
$4.17M
ATOM 
$5.4779 
↑3.8% 
$3.81M
USDC 
$0.9999 
↑0.02% 
$3.64M
ADA 
$0.1440 
↓0.9% 
$3.49M
LTC 
$58.350 
↑2.3% 
$3.11M
EOS 
$3.2441 
↑7.1% 
$2.77M
ALGO 
$0.4687 
↑10% 
$1.72M
WAVES 
$1.9722 
↑1.4% 
$1.32M
XMR 
$93.730 
↑0.9% 
$1.14M
COMP 
$176.74 
↑3.4% 
$1.13M
ZEC 
$89.200 
↓3.1% 
$1.13M
OMG 
$1.7983 
↑5.0% 
$1.11M
XLM 
$0.1062 
↑1.0% 
$1.07M
KNC 
$1.7181 
↓3.9% 
$937K
DASH 
$95.500 
↓2.2% 
$928K
ETC 
$7.0444 
↑2.5% 
$819K
ICX 
$0.4549 
↑6.7% 
$789K
QTUM 
$2.9324 
↑7.9% 
$687K
BAT 
$0.2866 
↑7.4% 
$680K
DAI 
$1.0161 
↓0.1% 
$643K
OXT 
$0.1999 
↑2.9% 
$616K
NANO 
$1.1967 
↑13% 
$546K
SC 
$0.0035 
↑8.7% 
$499K
PAXG 
$2038.9 
↓0.01% 
$490K
TRX 
$0.0215 
↑5.4% 
$487K
MLN 
$26.787 
↑1.1% 
$451K
REP 
$21.227 
↓2.6% 
$441K
XDG 
$0.0035 
↑0.9% 
$384K
LSK 
$1.5457 
↑1.1% 
$240K
STORJ 
$0.2256 
↑8.9% 
$139K
GNO 
$31.969 
↓2.9% 
$138K
REPV2 
$21.223 
↓2.8% 
$89.9K



#####################. 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 10 2020)



Figure 2: Mid-size trading assets: (measured in USD) (August 10 2020)



Figure 3: Smallest trading assets: (measured in USD) (August 10 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 10 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (August 10 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 10 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 10 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.