Overview

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• Total spot trading volume relatively high for a Saturday at $492.1 million as Bitcoin prices continue to be volatile.
• Total futures notional at 232.1 million, slightly above the weekly average of $213.1 million.
• As with most weekends, the US dollar dominated fiat trading (55% compared to 44% for EUR).
• The crypto that has increased the most in month-over-month trading volume has been Bitcoin Cash (+112% over USD and EUR).
• Mainly negative returns in the crypto markets: Bitcoin -4.9%, Ethereum -4.5%, Link -3.5%. However, Yearn +21% and Synthetix +7.4 did well.

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November 07, 2020   $492.1M traded across all markets today  Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT  $14833.  ↓4.9%  $249.7M	ETH  $435.61  ↓4.5%  $112.6M	LINK  $11.769  ↓3.5%  $41.5M	USDT  $1.0011  ↓0.02%  $32.6M	XRP  $0.2492  ↓3.7%  $9.58M
LTC  $59.004  ↓7.0%  $8.55M	USDC  $0.9998  ↓0.03%  $7.24M	BCH  $253.76  ↓1.7%  $7.13M	DOT  $4.2365  ↓7.7%  $7.09M	YFI  $14343.  ↑21%  $6.93M
ADA  $0.1013  ↓7.2%  $5.67M	XTZ  $2.0198  ↓3.6%  $5.35M	XMR  $111.13  ↓7.0%  $2.88M	DAI  $1.0094  ↓0.07%  $2.14M	ALGO  $0.2582  ↓6.8%  $1.84M
FIL  $30.010  ↓5.5%  $1.6M	SNX  $3.8020  ↑7.4%  $1.3M	CRV  $0.4294  ↓1.7%  $1.2M	OMG  $3.0674  ↓7.9%  $1.14M	XLM  $0.0795  ↓5.2%  $1.11M
EOS  $2.4988  ↓1.5%  $1.03M	DASH  $66.640  ↓5.0%  $981K	ZEC  $57.434  ↓6.8%  $961K	ATOM  $4.6186  ↓5.5%  $957K	UNI  $2.4750  ↓3.9%  $869K
COMP  $92.354  ↓3.7%  $762K	WAVES  $3.4386  ↓3.6%  $753K	KAVA  $1.4536  ↓6.2%  $750K	PAXG  $1964.2  ↓0.01%  $743K	QTUM  $1.9461  ↓6.2%  $644K
OXT  $0.2149  ↓8.2%  $590K	STORJ  $0.3279  ↓11%  $590K	TRX  $0.0248  ↓5.0%  $418K	BAT  $0.1928  ↓5.9%  $396K	MLN  $20.740  ↓5.6%  $361K
SC  $0.0025  ↓2.3%  $294K	ICX  $0.3363  ↓6.8%  $272K	GNO  $56.405  ↓4.4%  $271K	NANO  $0.7345  ↓6.9%  $261K	XDG  $0.0026  ↓3.2%  $223K
ETC  $5.0917  ↓5.2%  $184K	REP  $13.860  ↓4.4%  $180K	KNC  $0.7797  ↓4.1%  $161K	BAL  $9.8849  ↓1.1%  $159K	KSM  $31.380  ↓4.9%  $142K
LSK  $1.0758  ↓5.9%  $73.8K	REPV2  $13.158  ↓3.6%  $47.5K

#####################. 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 (November 08 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 08 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 08 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 (November 08 2020)



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

Returns and Volume

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Figure 5: Returns of the four highest volume pairs (November 08 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 (November 08 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. (November 08 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.