Kraken Daily Market Report for December 08 2020

Overview

  • Total spot trading volume at $487.3 million. The heaviest activity occurred towards the final hours in the day UTC when Bitcoin and Ethereum prices dropped precipitously to close -4.5% and -6.2%, respectively.
  • The timing of the drop caught Europe while sleeping and, as a result, trading against USD was 60% of the fiat trading.
  • While most coins were red and several coins had double digit declines, Melon (+4.1%) and Compound (+5.3%) beat out USD.
December 08, 2020 
 $487.3M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$18322. 
↓4.5% 
$229.6M		 ETH 
$554.50 
↓6.2% 
$79.6M		 USDT 
$0.9992 
↓0.11% 
$74.2M		 XRP 
$0.5592 
↓8.1% 
$42.4M		 LINK 
$12.136 
↓7.2% 
$8.5M
LTC 
$76.704 
↓8.2% 
$8.27M		 ADA 
$0.1409 
↓8.5% 
$6.72M		 DOT 
$4.7391 
↓6.3% 
$5.83M		 XLM 
$0.1524 
↓9.3% 
$4.98M		 USDC 
$0.9999 
↑0.0% 
$4.46M
BCH 
$267.56 
↓5.8% 
$4.33M		 XMR 
$135.73 
↓2.4% 
$4.23M		 WAVES 
$7.7878 
↓13% 
$3.29M		 COMP 
$154.92 
↑3.3% 
$2.86M		 XTZ 
$2.1529 
↓5.4% 
$2.85M
YFI 
$25492. 
↓11% 
$2.85M		 DASH 
$94.784 
↓6.6% 
$2.39M		 ALGO 
$0.3005 
↓9.2% 
$1.46M		 FIL 
$29.917 
↓1.9% 
$1.28M		 KSM 
$46.194 
↓13% 
$1.23M
REP 
$17.071 
↓11% 
$1.06M		 EOS 
$2.8016 
↓5.0% 
$1.05M		 OXT 
$0.2819 
↓6.8% 
$1.01M		 ATOM 
$4.7262 
↓7.3% 
$988K		 SNX 
$4.6657 
↓10% 
$889K
ZEC 
$69.540 
↓7.9% 
$884K		 OMG 
$3.2375 
↓9.6% 
$809K		 DAI 
$1.0053 
↑0.04% 
$737K		 CRV 
$0.6070 
↓14% 
$728K		 UNI 
$3.2884 
↓13% 
$703K
TRX 
$0.0278 
↓8.1% 
$543K		 MLN 
$30.443 
↑4.1% 
$511K		 PAXG 
$1876.9 
↑0.18% 
$357K		 ETC 
$5.7710 
↓6.2% 
$354K		 KAVA 
$1.5328 
↓9.0% 
$323K
SC 
$0.0032 
↓6.3% 
$310K		 QTUM 
$2.4070 
↓7.8% 
$279K		 BAT 
$0.2201 
↓6.7% 
$234K		 NANO 
$0.9772 
↓8.4% 
$230K		 KEEP 
$0.2807 
↓5.7% 
$195K
TBTC 
$18344. 
↓5.8% 
$170K		 STORJ 
$0.3483 
↓1.1% 
$153K		 LSK 
$1.2537 
↓7.0% 
$153K		 ICX 
$0.3886 
↓8.0% 
$148K		 REPV2 
$15.183 
↓7.3% 
$143K
KNC 
$0.8925 
↓6.4% 
$121K		 XDG 
$0.0031 
↓5.0% 
$115K		 ANT 
$3.0900 
↓10% 
$58.1K		 GNO 
$59.530 
↓5.1% 
$50.7K		 BAL 
$12.414 
↓7.7% 
$46.8K



#####################. 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 (December 08 2020)



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



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



.


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

Returns and Volume

Figure 5: Returns of the four highest volume pairs (December 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 (December 08 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. (December 08 2020)