Kraken Daily Market Report for November 29 2020

Overview


  • Total spot trading volume at $401.2 million, many times larger than usual Sunday trading, but down by more than 50% from the weekly average.
  • Bitcoin and Ethereum started the day in the negative, but closed +2.6% and 7.2%, respectively.
  • Strong returns today from Kusama (+16%), Litecoin (+8.9%), and Keep (+8.9%); Ripples hot-streak was cooled (-3.3%); most coins were positive against USD.

November 29, 2020 
 $401.2M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18194. 
↑2.6% 
$186.0M
ETH 
$576.48 
↑7.2% 
$73.9M
XRP 
$0.6061 
↓3.3% 
$72.1M
USDT 
$1.0008 
↑0.01% 
$27.6M
LTC 
$79.255 
↑8.9% 
$9.91M
LINK 
$13.396 
↑2.4% 
$7.01M
ADA 
$0.1667 
↑1.1% 
$6.99M
XLM 
$0.1944 
↓2.9% 
$6.86M
DOT 
$5.1932 
↑6.1% 
$4.18M
USDC 
$1.0000 
↑0.0% 
$3.15M
BCH 
$285.80 
↑3.3% 
$2.68M
XTZ 
$2.3626 
↑1.8% 
$2.41M
WAVES 
$7.0399 
↑6.6% 
$1.85M
YFI 
$24670. 
↑5.6% 
$1.83M
EOS 
$3.0333 
↑1.1% 
$1.77M
DASH 
$108.28 
↓1.3% 
$1.65M
KSM 
$53.110 
↑16% 
$1.01M
XMR 
$123.95 
↑1.6% 
$1.0M
DAI 
$1.0045 
↑0.06% 
$923K
TRX 
$0.0307 
↑0.9% 
$835K
ALGO 
$0.3171 
↑1.4% 
$787K
CRV 
$0.6570 
↑7.9% 
$779K
OXT 
$0.3118 
↑4.8% 
$545K
ZEC 
$75.119 
↓0.4% 
$504K
OMG 
$3.7860 
↑0.1% 
$460K
SNX 
$4.5645 
↑6.9% 
$357K
QTUM 
$2.7335 
↑1.6% 
$344K
FIL 
$30.024 
↑0.17% 
$320K
UNI 
$3.5564 
↑2.7% 
$310K
ATOM 
$5.4312 
↓0.13% 
$310K
BAT 
$0.2365 
↑2.9% 
$303K
SC 
$0.0031 
↓1.4% 
$290K
REP 
$15.567 
↓0.23% 
$280K
ETC 
$6.3910 
↑1.0% 
$267K
KAVA 
$1.6546 
↑1.8% 
$260K
NANO 
$1.1753 
↑0.06% 
$246K
ICX 
$0.4086 
↓0.4% 
$240K
KEEP 
$0.3451 
↑8.9% 
$239K
STORJ 
$0.3411 
↓0.01% 
$234K
COMP 
$110.71 
↑2.4% 
$233K
PAXG 
$1797.1 
↑0.02% 
$187K
XDG 
$0.0034 
↑1.4% 
$161K
LSK 
$1.2785 
↑0.3% 
$155K
MLN 
$28.352 
↑2.9% 
$153K
KNC 
$1.0216 
↑0.4% 
$135K
GNO 
$62.430 
↑8.3% 
$115K
ANT 
$3.2779 
↑0.6% 
$113K
BAL 
$14.407 
↑7.9% 
$31.2K
TBTC 
$18648. 
↑5.3% 
$27.1K
REPV2 
$15.176 
↓0.8% 
$16.2K



#####################. 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 29 2020)



Figure 2: Mid-size trading assets: (measured in USD) (November 29 2020)



Figure 3: Smallest trading assets: (measured in USD) (November 29 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 29 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (November 29 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 29 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 29 2020)