Kraken Daily Market Report for November 23 2020

Overview


  • Total spot trading volume at $849.5 million, remaining well over its 30-day average of $519.4 million as Bitcoin prices converge towards all-time highs.
  • Bitcoin and Ethereum only combined for 52% of the crypto markets. Today was a strong trading day for Ripple (21% of the total volume).
  • Ripple’s strong day was a result of its 37% returns over USD. Along with Ripple, there were many other strong coins: NANO (+38%), Tezos (+15%), and Stellar (+26%).
  • Total futures notional at $405.3 million.

November 23, 2020 
 $849.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18391. 
↓0.4% 
$275.1M
ETH 
$609.00 
↑8.2% 
$204.9M
XRP 
$0.6144 
↑37% 
$188.8M
USDT 
$1.0007 
↓0.02% 
$66.2M
LTC 
$89.194 
↑7.3% 
$24.2M
LINK 
$15.277 
↑4.6% 
$21.7M
ADA 
$0.1545 
↑4.9% 
$19.8M
BCH 
$322.81 
↑11% 
$14.9M
DOT 
$5.9037 
↑6.4% 
$12.6M
XLM 
$0.1320 
↑26% 
$12.3M
XTZ 
$2.6226 
↑15% 
$10.2M
EOS 
$3.3789 
↑9.9% 
$6.74M
WAVES 
$7.8935 
↑11% 
$6.26M
USDC 
$0.9997 
↓0.02% 
$5.91M
YFI 
$25245. 
↑2.7% 
$4.83M
XMR 
$130.13 
↑4.8% 
$3.74M
ZEC 
$79.534 
↑15% 
$3.24M
OXT 
$0.3091 
↑23% 
$3.13M
ALGO 
$0.3358 
↑12% 
$2.36M
UNI 
$4.1870 
↑13% 
$2.31M
BAT 
$0.2549 
↑15% 
$2.29M
TRX 
$0.0317 
↑9.7% 
$2.19M
ATOM 
$5.8151 
↑5.5% 
$1.85M
OMG 
$4.2387 
↑8.2% 
$1.85M
DASH 
$94.149 
↑3.9% 
$1.4M
NANO 
$1.1744 
↑38% 
$1.23M
CRV 
$0.7409 
↓1.1% 
$1.13M
KAVA 
$1.9595 
↑7.0% 
$1.08M
FIL 
$29.176 
↑0.26% 
$971K
DAI 
$1.0028 
↑0.05% 
$856K
COMP 
$125.71 
↑6.9% 
$794K
GNO 
$63.525 
↓6.3% 
$790K
MLN 
$28.495 
↓2.2% 
$780K
QTUM 
$2.8018 
↑9.3% 
$753K
ETC 
$6.5629 
↑8.6% 
$660K
SNX 
$5.4422 
↑8.0% 
$599K
XDG 
$0.0037 
↑11% 
$530K
ICX 
$0.4362 
↑12% 
$518K
PAXG 
$1845.5 
↓1.8% 
$480K
STORJ 
$0.3674 
↑6.5% 
$394K
KNC 
$1.1075 
↑8.1% 
$360K
REP 
$16.930 
↑3.2% 
$307K
SC 
$0.0030 
↑2.7% 
$243K
LSK 
$1.3406 
↑8.7% 
$228K
KSM 
$40.579 
↑4.8% 
$205K
BAL 
$17.244 
↑1.8% 
$90.1K
REPV2 
$15.642 
↑2.0% 
$81.9K



#####################. 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 23 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 23 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 23 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 23 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 23 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 23 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 23 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.