Kraken Daily Market Report for December 16 2020

Overview


  • Total spot trading volume was at $869.9 million, well above the 30-day average of $603.7 million as Bitcoin soared to $22,000 and established all-time highs.
  • The second-to-best returns today came from the second-to-least traded coin, tBTC, which had an impressive 12% return over USD.
  • The most impressive coin today, however, was Ripple (+22%). Ripple is now up over 100% in the last 30 days.

December 16, 2020 
 $869.9M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD 
XBT 
$21370. 
↑9.9% 
$483.6M
ETH 
$638.54 
↑8.3% 
$119.6M
USDT 
$1.0008 
↑0.05% 
$105.1M
XRP 
$0.5722 
↑22% 
$91.0M
LTC 
$93.112 
↑14% 
$18.2M
USDC 
$0.9999 
↑0.0% 
$14.8M
LINK 
$13.511 
↑6.6% 
$12.6M
ADA 
$0.1683 
↑9.3% 
$10.1M
XLM 
$0.1937 
↑17% 
$10.0M
BCH 
$312.45 
↑7.9% 
$7.26M
DOT 
$5.3744 
↑2.5% 
$5.23M
XMR 
$158.91 
↑5.4% 
$5.04M
YFI 
$27014. 
↑9.1% 
$3.33M
XTZ 
$2.3705 
↑6.2% 
$2.83M
ATOM 
$5.4880 
↑3.6% 
$2.02M
EOS 
$3.1077 
↑8.6% 
$1.57M
WAVES 
$8.3478 
↑3.0% 
$1.48M
FIL 
$28.453 
↓2.4% 
$1.41M
DASH 
$105.44 
↑8.7% 
$1.33M
ALGO 
$0.3401 
↑4.6% 
$1.14M
SNX 
$5.2764 
↓3.5% 
$1.12M
DAI 
$1.0023 
↑0.09% 
$1.1M
KSM 
$57.305 
↑0.9% 
$1.06M
COMP 
$155.53 
↑3.8% 
$891K
TRX 
$0.0313 
↑7.4% 
$859K
ZEC 
$73.177 
↑8.0% 
$822K
UNI 
$3.5420 
↑6.5% 
$800K
OMG 
$3.3489 
↑6.1% 
$712K
BAT 
$0.2331 
↑6.6% 
$667K
AAVE 
$87.580 
↓1.6% 
$635K
PAXG 
$1871.0 
↑0.6% 
$598K
MLN 
$33.161 
↑2.4% 
$578K
NANO 
$1.1641 
↑8.8% 
$547K
OXT 
$0.2661 
↑5.3% 
$488K
CRV 
$0.6504 
↑3.6% 
$458K
QTUM 
$2.7723 
↑7.1% 
$424K
MANA 
$0.0882 
↑0.5% 
$390K
SC 
$0.0034 
↑5.1% 
$334K
ICX 
$0.4244 
↑6.0% 
$325K
BAL 
$14.050 
↑16% 
$292K
KAVA 
$1.6363 
↑3.9% 
$276K
ETC 
$6.4470 
↑6.5% 
$271K
REP 
$17.117 
↑4.1% 
$247K
XDG 
$0.0034 
↑6.4% 
$224K
KEEP 
$0.2462 
↑0.7% 
$186K
REPV2 
$16.204 
↑0.4% 
$139K
KNC 
$0.9397 
↑0.5% 
$128K
STORJ 
$0.3623 
↑1.6% 
$121K
LSK 
$1.3131 
↑3.0% 
$96.4K
GNO 
$67.405 
↑7.9% 
$92.2K
TBTC 
$21378. 
↑12% 
$81.7K
ANT 
$3.1269 
↑2.1% 
$59.1K



#####################. 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 (December 16 2020)



Figure 2: Mid-size trading assets: (measured in USD) (December 16 2020)



Figure 3: Smallest trading assets: (measured in USD) (December 16 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 16 2020)



.


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

Returns and Volume


Figure 5: Returns of the four highest volume pairs (December 16 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 16 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 16 2020)