| Market Reports

Kraken Daily Market Report for September 16 2020

Overview


  • Total trading at $240.4 million, slightly up from the weekly average of $207.4 million as Bitcoin trended positively all day to end +1.5%.
  • Ethereum was relatively calm for the day between -2% and 1%, which caused Bitcoin trading to dominate with 52% of the trading volume.
  • There was a mix of returns today. Tron (TRX) was down 5.2%, but KAVA was up 7.2% over USD.

September 16, 2020 
 $240.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10951. 
↑1.5% 
$127.4M
ETH 
$365.09 
↑0.26% 
$41.0M
USDT 
$1.0004 
↑0.03% 
$33.1M
LINK 
$10.729 
↓2.1% 
$8.35M
XRP 
$0.2470 
↑1.6% 
$5.2M
DOT 
$5.0659 
↑0.24% 
$4.55M
BCH 
$230.79 
↓1.8% 
$2.63M
USDC 
$1.0002 
↓0.01% 
$2.48M
XTZ 
$2.4721 
↓1.4% 
$2.29M
LTC 
$47.739 
↓1.2% 
$2.12M
TRX 
$0.0263 
↓5.2% 
$1.74M
ADA 
$0.0914 
↓2.0% 
$1.61M
XMR 
$88.289 
↓3.0% 
$1.41M
DAI 
$1.0148 
↓0.7% 
$1.13M
ALGO 
$0.3598 
↑1.6% 
$1.02M
ATOM 
$5.1170 
↑5.2% 
$928K
EOS 
$2.7122 
↑0.25% 
$792K
ETC 
$6.1219 
↑1.3% 
$753K
OMG 
$3.4204 
↓1.4% 
$721K
WAVES 
$2.5585 
↑2.5% 
$703K
XLM 
$0.0799 
↑2.9% 
$673K
OXT 
$0.3211 
↓0.6% 
$646K
KAVA 
$2.4771 
↑7.2% 
$503K
ZEC 
$58.329 
↓1.8% 
$500K
MLN 
$43.742 
↑3.8% 
$386K
ICX 
$0.4944 
↓3.0% 
$351K
PAXG 
$1965.7 
↑0.7% 
$313K
BAT 
$0.2511 
↑2.0% 
$311K
DASH 
$73.157 
↑0.4% 
$279K
STORJ 
$0.4428 
↓2.9% 
$255K
QTUM 
$2.4501 
↓0.5% 
$247K
COMP 
$153.14 
↓1.0% 
$237K
XDG 
$0.0028 
↓0.7% 
$229K
REP 
$16.290 
↓2.0% 
$206K
KNC 
$1.1580 
↓1.0% 
$190K
NANO 
$0.8604 
↓0.6% 
$174K
GNO 
$54.269 
↑0.7% 
$145K
LSK 
$1.3613 
↓1.2% 
$63.9K
SC 
$0.0033 
↑0.0% 
$61.7K
REPV2 
$15.620 
↓3.0% 
$16.3K

Overview


  • Total trading at $240.4 million, slightly up from the weekly average of $207.4 million as Bitcoin trended positively all day to end +1.5%.
  • Ethereum was relatively calm for the day between -2% and 1%, which caused Bitcoin trading to dominate with 52% of the trading volume.
  • There was a mix of returns today. Tron (TRX) was down 5.2%, but KAVA was up 7.2% over USD.

September 16, 2020 
 $240.4M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$10951. 
↑1.5% 
$127.4M
ETH 
$365.09 
↑0.26% 
$41.0M
USDT 
$1.0004 
↑0.03% 
$33.1M
LINK 
$10.729 
↓2.1% 
$8.35M
XRP 
$0.2470 
↑1.6% 
$5.2M
DOT 
$5.0659 
↑0.24% 
$4.55M
BCH 
$230.79 
↓1.8% 
$2.63M
USDC 
$1.0002 
↓0.01% 
$2.48M
XTZ 
$2.4721 
↓1.4% 
$2.29M
LTC 
$47.739 
↓1.2% 
$2.12M
TRX 
$0.0263 
↓5.2% 
$1.74M
ADA 
$0.0914 
↓2.0% 
$1.61M
XMR 
$88.289 
↓3.0% 
$1.41M
DAI 
$1.0148 
↓0.7% 
$1.13M
ALGO 
$0.3598 
↑1.6% 
$1.02M
ATOM 
$5.1170 
↑5.2% 
$928K
EOS 
$2.7122 
↑0.25% 
$792K
ETC 
$6.1219 
↑1.3% 
$753K
OMG 
$3.4204 
↓1.4% 
$721K
WAVES 
$2.5585 
↑2.5% 
$703K
XLM 
$0.0799 
↑2.9% 
$673K
OXT 
$0.3211 
↓0.6% 
$646K
KAVA 
$2.4771 
↑7.2% 
$503K
ZEC 
$58.329 
↓1.8% 
$500K
MLN 
$43.742 
↑3.8% 
$386K
ICX 
$0.4944 
↓3.0% 
$351K
PAXG 
$1965.7 
↑0.7% 
$313K
BAT 
$0.2511 
↑2.0% 
$311K
DASH 
$73.157 
↑0.4% 
$279K
STORJ 
$0.4428 
↓2.9% 
$255K
QTUM 
$2.4501 
↓0.5% 
$247K
COMP 
$153.14 
↓1.0% 
$237K
XDG 
$0.0028 
↓0.7% 
$229K
REP 
$16.290 
↓2.0% 
$206K
KNC 
$1.1580 
↓1.0% 
$190K
NANO 
$0.8604 
↓0.6% 
$174K
GNO 
$54.269 
↑0.7% 
$145K
LSK 
$1.3613 
↓1.2% 
$63.9K
SC 
$0.0033 
↑0.0% 
$61.7K
REPV2 
$15.620 
↓3.0% 
$16.3K



#####################. 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 (September 16 2020)



Figure 2: Mid-size trading assets: (measured in USD) (September 16 2020)



Figure 3: Smallest trading assets: (measured in USD) (September 16 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 (September 16 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (September 16 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 (September 16 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. (September 16 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.