Kraken Daily Market Report for June 17 2020

Overview


  • Total trading volume at $158.5 million, near the weekly average of $165 million. Bitcoin (XBT) and Ethereum (ETH) pairs with USD and EUR closed within 50 to 90 points, but were down mid-day as far as 2.5%.
  • Cardano (ADA) was the fourth most traded Cryptocurrency and had the second strongest returns over $USD (+5%). The best performer of the day was NANO (+10%). Thirty days ago NANO/USD was trading at $0.34, yesterday it closed around $1.23.
  • Beating out Gnosis and JPY in terms of trading volume, AUD began trading today. All pairs with AUD had average spreads under 2%, XBT/AUD averaged a spread of 0.585%.

June 17, 2020 
 $158.5M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD
XBT 
$9453.1 
↓0.9% 
$111.9M
ETH 
$233.61 
↓0.8% 
$17.5M
USDT 
$0.9989 
↓0.09% 
$10.9M
ADA 
$0.0832 
↑5.0% 
$3.98M
XRP 
$0.1931 
↑0.29% 
$3.79M
XTZ 
$2.6802 
↑2.5% 
$2.29M
LTC 
$44.030 
↑0.3% 
$1.85M
LINK 
$4.1626 
↑2.9% 
$1.84M
BCH 
$240.0 
↑1.0% 
$1.68M
USDC 
$0.9997 
↑0.01% 
$1.11M
SC 
$0.0040 
↑1.6% 
$966K
NANO 
$1.2324 
↑10% 
$905K
DAI 
$1.0083 
↑0.4% 
$799K
XMR 
$65.060 
↓1.3% 
$724K
XLM 
$0.0718 
↑0.7% 
$711K
PAXG 
$1732.2 
↑0.12% 
$688K
REP 
$16.004 
↑2.4% 
$436K
ALGO 
$0.2443 
↑4.0% 
$412K
EOS 
$2.5651 
↑0.5% 
$336K
ETC 
$6.2749 
↓0.05% 
$310K
ATOM 
$2.7011 
↓1.0% 
$293K
BAT 
$0.2236 
↓0.7% 
$227K
OMG 
$1.5109 
↓0.9% 
$211K
TRX 
$0.0161 
↑0.3% 
$194K
OXT 
$0.1824 
↓2.6% 
$185K
DASH 
$72.287 
↓0.5% 
$158K
ZEC 
$52.837 
↓0.4% 
$126K
LSK 
$1.2262 
↑0.7% 
$112K
WAVES 
$1.2619 
↑0.6% 
$109K
MLN 
$6.6254 
↓4.7% 
$108K
XDG 
$0.0024 
↑0.7% 
$101K
QTUM 
$1.7062 
↓1.6% 
$93.2K
ICX 
$0.3229 
↑2.3% 
$90.1K
GNO 
$28.929 
↑0.7% 
$23.2K



#####################. 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 (June 17 2020)



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



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