Overview

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• Total trading volume at $237.5 million, as Bitcoin and other coins correct for yesterday’s losses and trended positively all day.
• Very good returns across the board. LINK +29%, SNX +25%, and BAL +18%. Several cryptos had over 10% returns, and only DAI (a stable coin) posted margin losses.
• Trading volume surged around 05:00, 10:00 and 15:00 UTC; however, none of these surges occurred around major price swings.

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September 24, 2020   $237.5M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $10731.  ↑4.9%  $113.9M	ETH  $348.95  ↑8.9%  $49.9M	USDT  $1.0001  ↑0.07%  $24.0M	LINK  $9.8494  ↑29%  $23.4M	DOT  $4.3905  ↑9.4%  $5.66M
XRP  $0.2328  ↑5.2%  $4.3M	USDC  $1.0001  ↑0.0%  $3.59M	XTZ  $2.1528  ↑10%  $3.17M	LTC  $44.929  ↑4.6%  $1.95M	BCH  $216.25  ↑4.1%  $1.55M
OXT  $0.3025  ↑15%  $1.16M	ETC  $5.7974  ↑0.9%  $1.16M	ADA  $0.0826  ↑7.8%  $1.1M	XMR  $91.977  ↑5.6%  $1.09M	SNX  $4.625  ↑25%  $1.08M
OMG  $3.1119  ↑13%  $975K	ATOM  $4.4801  ↑17%  $889K	EOS  $2.5345  ↑3.9%  $704K	ALGO  $0.2943  ↑9.4%  $700K	DAI  $1.0110  ↓0.02%  $648K
KAVA  $1.9908  ↑4.5%  $647K	TRX  $0.0262  ↑5.8%  $537K	PAXG  $1879.1  ↑1.0%  $515K	XLM  $0.0704  ↑4.5%  $459K	WAVES  $2.3659  ↑9.1%  $380K
ZEC  $55.184  ↑6.5%  $368K	MLN  $32.272  ↑15%  $327K	COMP  $138.60  ↑8.9%  $327K	XDG  $0.0026  ↑3.3%  $270K	REP  $14.323  ↑10%  $263K
ICX  $0.4135  ↑12%  $236K	BAT  $0.2260  ↑6.1%  $235K	QTUM  $2.3184  ↑6.7%  $209K	KNC  $0.9387  ↑9.3%  $186K	KSM  $36.864  ↑11%  $161K
SC  $0.0026  ↑6.0%  $148K	GNO  $41.569  ↑9.0%  $147K	DASH  $67.884  ↑4.8%  $140K	NANO  $0.7512  ↑11%  $127K	CRV  $0.9915  ↑12%  $124K
LSK  $1.2075  ↑7.3%  $84.0K	BAL  $15.420  ↑18%  $70.9K	STORJ  $0.3379  ↑11%  $58.2K	REPV2  $14.349  ↑13%  $42.0K

#####################. Trading Volume by Asset. ##########################################

Trading Volume by Asset

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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 24 2020)



Figure 2: Mid-size trading assets: (measured in USD) (September 24 2020)



Figure 3: Smallest trading assets: (measured in USD) (September 24 2020)

#####################. Spread %. ##########################################

Spread %

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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 24 2020)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (September 24 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 24 2020)

###########. Daily Returns. #################################################

Daily Returns %

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Figure 7: Returns over USD and XBT. Relative volume and return size is indicated by the size of the font. (September 24 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.