| Market Reports

Kraken Daily Market Report for November 17 2020

Overview


  • Total spot trading volume at $590.3 million, almost double the 30-day average as Bitcoin is surging past the $18,000 level, approaching record level prices.
  • Total futures notional at $382.0 million, also fueled by new levels in the crypto markets.
  • Bitcoin soared late in the afternoon UTC time, to close +5.7%. The price continued to rise as the day ended. Many other coins fared well too, including Yearn +28% and Sythetix +15%.

November 17, 2020 
 $590.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$17683. 
↑5.7% 
$356.0M
ETH 
$482.82 
↑4.8% 
$88.0M
USDT 
$1.0011 
↑0.04% 
$51.5M
XRP 
$0.3026 
↑5.0% 
$20.3M
LINK 
$13.323 
↑5.5% 
$18.3M
LTC 
$76.360 
↑3.6% 
$16.5M
DOT 
$4.8517 
↑7.8% 
$10.8M
YFI 
$23807. 
↑28% 
$8.2M
USDC 
$1.0000 
↑0.02% 
$6.76M
ADA 
$0.1097 
↑5.8% 
$4.86M
BCH 
$255.61 
↑1.2% 
$3.44M
XLM 
$0.0864 
↑4.9% 
$3.27M
XMR 
$125.59 
↑6.0% 
$3.03M
XTZ 
$2.1452 
↑3.0% 
$2.48M
CRV 
$0.8739 
↑6.1% 
$1.91M
UNI 
$3.7994 
↑6.6% 
$1.81M
EOS 
$2.7169 
↑5.2% 
$1.46M
FIL 
$29.146 
↑6.1% 
$1.4M
WAVES 
$4.9195 
↑0.7% 
$1.11M
KAVA 
$1.8773 
↑9.5% 
$1.0M
DASH 
$83.284 
↑3.2% 
$946K
ZEC 
$66.909 
↑3.6% 
$886K
OMG 
$3.4678 
↑0.9% 
$877K
ATOM 
$5.2973 
↑4.2% 
$861K
SNX 
$5.0825 
↑15% 
$815K
ALGO 
$0.2745 
↑1.1% 
$686K
TRX 
$0.0264 
↑3.8% 
$607K
COMP 
$122.47 
↑1.9% 
$577K
QTUM 
$2.2074 
↑6.5% 
$522K
ETC 
$5.7674 
↑6.6% 
$509K
DAI 
$1.0049 
↓0.06% 
$428K
BAT 
$0.2054 
↑3.8% 
$370K
PAXG 
$1893.1 
↓0.01% 
$354K
REP 
$16.576 
↓3.2% 
$347K
OXT 
$0.2254 
↑0.27% 
$297K
SC 
$0.0027 
↑1.1% 
$280K
NANO 
$0.7593 
↑2.6% 
$269K
GNO 
$57.515 
↑4.7% 
$243K
STORJ 
$0.3505 
↑2.0% 
$240K
MLN 
$21.876 
↓0.8% 
$226K
LSK 
$1.1337 
↑3.6% 
$192K
BAL 
$13.784 
↑6.0% 
$168K
ICX 
$0.3632 
↑2.9% 
$154K
KNC 
$0.9908 
↑4.5% 
$142K
XDG 
$0.0029 
↑1.6% 
$123K
KSM 
$38.172 
↑5.4% 
$70.7K
REPV2 
$14.75 
↑5.4% 
$37.1K

Overview


  • Total spot trading volume at $590.3 million, almost double the 30-day average as Bitcoin is surging past the $18,000 level, approaching record level prices.
  • Total futures notional at $382.0 million, also fueled by new levels in the crypto markets.
  • Bitcoin soared late in the afternoon UTC time, to close +5.7%. The price continued to rise as the day ended. Many other coins fared well too, including Yearn +28% and Sythetix +15%.

November 17, 2020 
 $590.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$17683. 
↑5.7% 
$356.0M
ETH 
$482.82 
↑4.8% 
$88.0M
USDT 
$1.0011 
↑0.04% 
$51.5M
XRP 
$0.3026 
↑5.0% 
$20.3M
LINK 
$13.323 
↑5.5% 
$18.3M
LTC 
$76.360 
↑3.6% 
$16.5M
DOT 
$4.8517 
↑7.8% 
$10.8M
YFI 
$23807. 
↑28% 
$8.2M
USDC 
$1.0000 
↑0.02% 
$6.76M
ADA 
$0.1097 
↑5.8% 
$4.86M
BCH 
$255.61 
↑1.2% 
$3.44M
XLM 
$0.0864 
↑4.9% 
$3.27M
XMR 
$125.59 
↑6.0% 
$3.03M
XTZ 
$2.1452 
↑3.0% 
$2.48M
CRV 
$0.8739 
↑6.1% 
$1.91M
UNI 
$3.7994 
↑6.6% 
$1.81M
EOS 
$2.7169 
↑5.2% 
$1.46M
FIL 
$29.146 
↑6.1% 
$1.4M
WAVES 
$4.9195 
↑0.7% 
$1.11M
KAVA 
$1.8773 
↑9.5% 
$1.0M
DASH 
$83.284 
↑3.2% 
$946K
ZEC 
$66.909 
↑3.6% 
$886K
OMG 
$3.4678 
↑0.9% 
$877K
ATOM 
$5.2973 
↑4.2% 
$861K
SNX 
$5.0825 
↑15% 
$815K
ALGO 
$0.2745 
↑1.1% 
$686K
TRX 
$0.0264 
↑3.8% 
$607K
COMP 
$122.47 
↑1.9% 
$577K
QTUM 
$2.2074 
↑6.5% 
$522K
ETC 
$5.7674 
↑6.6% 
$509K
DAI 
$1.0049 
↓0.06% 
$428K
BAT 
$0.2054 
↑3.8% 
$370K
PAXG 
$1893.1 
↓0.01% 
$354K
REP 
$16.576 
↓3.2% 
$347K
OXT 
$0.2254 
↑0.27% 
$297K
SC 
$0.0027 
↑1.1% 
$280K
NANO 
$0.7593 
↑2.6% 
$269K
GNO 
$57.515 
↑4.7% 
$243K
STORJ 
$0.3505 
↑2.0% 
$240K
MLN 
$21.876 
↓0.8% 
$226K
LSK 
$1.1337 
↑3.6% 
$192K
BAL 
$13.784 
↑6.0% 
$168K
ICX 
$0.3632 
↑2.9% 
$154K
KNC 
$0.9908 
↑4.5% 
$142K
XDG 
$0.0029 
↑1.6% 
$123K
KSM 
$38.172 
↑5.4% 
$70.7K
REPV2 
$14.75 
↑5.4% 
$37.1K



#####################. 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 (November 17 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 17 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 17 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 (November 17 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 17 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 17 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. (November 17 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.