Kraken Daily Market Report for October 28 2020

Overview


  • Total spot trading volume at $368.3 million, well above the 30-day average of $196.2 million as Bitcoin hit highs not seen since January of 2018, but then subsequently dropped a few percentages.
  • Most coins were negative on the day, Bitcoin cash +1.5% and Synthetix +1.4% were the lone exceptions.

October 28, 2020 
 $368.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$13288. 
↓2.6% 
$242.9M
ETH 
$388.85 
↓3.7% 
$49.9M
USDT 
$1.0006 
↑0.0% 
$31.4M
LINK 
$11.472 
↓3.8% 
$11.1M
LTC 
$55.885 
↓3.6% 
$6.03M
BCH 
$268.44 
↑1.5% 
$5.21M
DOT 
$4.3642 
↓6.6% 
$4.34M
USDC 
$1.0002 
↑0.03% 
$4.14M
XRP 
$0.2456 
↓2.8% 
$4.05M
ADA 
$0.0990 
↓3.5% 
$2.43M
XTZ 
$2.0043 
↓3.9% 
$2.28M
XMR 
$126.63 
↓5.5% 
$2.03M
BAT 
$0.1954 
↓8.5% 
$1.8M
FIL 
$33.649 
↓4.2% 
$1.58M
EOS 
$2.6539 
↓0.8% 
$1.57M
PAXG 
$1891.4 
↓1.1% 
$1.16M
ATOM 
$4.8118 
↓6.4% 
$1.13M
COMP 
$107.94 
↓0.9% 
$1.07M
CRV 
$0.4935 
↓25% 
$899K
ALGO 
$0.2768 
↓3.9% 
$766K
ZEC 
$56.922 
↓7.1% 
$756K
MLN 
$21.116 
↓13% 
$629K
GNO 
$40.632 
↓7.9% 
$609K
DAI 
$1.0096 
↑0.1% 
$558K
XLM 
$0.0783 
↓4.3% 
$557K
TRX 
$0.0269 
↓0.4% 
$514K
OXT 
$0.2272 
↓4.8% 
$483K
WAVES 
$3.0468 
↓3.5% 
$472K
YFI 
$12555. 
↓6.1% 
$468K
DASH 
$67.998 
↓3.8% 
$452K
OMG 
$3.0721 
↓4.6% 
$404K
KAVA 
$1.5785 
↓8.0% 
$333K
ETC 
$5.4979 
↓2.1% 
$311K
REP 
$12.301 
↓6.0% 
$293K
STORJ 
$0.3305 
↓9.2% 
$228K
QTUM 
$2.0831 
↓5.1% 
$223K
ICX 
$0.3392 
↓5.2% 
$179K
SNX 
$3.6097 
↑1.4% 
$175K
UNI 
$2.6764 
↓4.8% 
$172K
SC 
$0.0025 
↓4.2% 
$151K
NANO 
$0.7624 
↓5.9% 
$135K
LSK 
$1.0657 
↓2.7% 
$76.8K
KSM 
$31.495 
↓7.8% 
$73.1K
XDG 
$0.0025 
↓3.3% 
$67.0K
KNC 
$0.8574 
↓5.5% 
$63.1K
BAL 
$10.824 
↓11% 
$59.4K
REPV2 
$12.410 
↓6.0% 
$12.0K



#####################. 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 (October 28 2020)



Figure 2: Mid-size trading assets: (measured in USD) (October 28 2020)



Figure 3: Smallest trading assets: (measured in USD) (October 28 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 (October 28 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (October 28 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 (October 28 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. (October 28 2020)