Kraken Daily Market Report for August 02 2020

Aug 3, 2020 • 2 min read

Kraken Daily Market Report for August 02 2020

Overview

  • Total trading volume at Kraken at $564.8 million, which is about 4 times higher than the average Sunday volume (avg. taken over last four months).
  • Yesterday's high volume was caused by rising Bitcoin and Ethereum prices, today's high volume was fueled by price declines. Bitcoin closed down 6.1% over USD and Ethereum down 4.0%. Ethereum was up 6% in the early part of the day, but in an instance dropped as low as -6%. The bulk of the trading volume occurred during the drop.
  • There was a wide mix of mainly negative returns for cryptos over USD. Bitcoin Cash fell 11%; some of the bigger names (XRP, USDT, and LINK) all had less than 1% losses.


August 02, 2020 
 $564.8M traded across all markets today
 Crypto, EUR, USD, JPY, CAD, GBP, CHF, AUD  XBT 
$11084. 
↓6.1% 
$250.5M ETH 
$372.17 
↓4.0% 
$179.5M XRP 
$0.2883 
↓1.0% 
$50.4M USDT 
$1.0002 
↓0.12% 
$26.1M LINK 
$8.2972 
↓0.5% 
$18.6M LTC 
$56.860 
↓7.9% 
$13.5M BCH 
$284.30 
↓11% 
$12.9M XTZ 
$2.8917 
↓5.0% 
$9.39M ADA 
$0.1349 
↓7.0% 
$8.84M EOS 
$2.9491 
↓11% 
$5.11M USDC 
$1.0002 
↑0.02% 
$4.4M XLM 
$0.1028 
↓4.6% 
$2.83M ZEC 
$84.380 
↓5.7% 
$2.52M XMR 
$85.104 
↓5.2% 
$2.35M DAI 
$1.0189 
↓0.18% 
$1.97M DASH 
$85.254 
↓8.5% 
$1.6M ATOM 
$3.9185 
↓4.1% 
$1.34M ETC 
$7.1974 
↓8.2% 
$1.32M ALGO 
$0.3017 
↓8.1% 
$1.07M PAXG 
$1984.9 
↑0.02% 
$831K OMG 
$1.5865 
↓4.2% 
$751K REP 
$18.992 
↓8.1% 
$714K WAVES 
$1.5981 
↑1.6% 
$679K KAVA 
$2.3512 
↓3.2% 
$677K BAT 
$0.2431 
↓6.1% 
$660K QTUM 
$2.4032 
↓9.3% 
$529K XDG 
$0.0033 
↓10% 
$529K TRX 
$0.0191 
↓6.7% 
$463K KNC 
$1.4126 
↓4.7% 
$345K OXT 
$0.1749 
↓3.8% 
$340K ICX 
$0.3749 
↓1.8% 
$259K COMP 
$127.36 
↓7.9% 
$253K MLN 
$17.135 
↓9.8% 
$232K NANO 
$0.9819 
↓0.9% 
$193K SC 
$0.0031 
↓3.0% 
$161K LSK 
$1.2459 
↓5.9% 
$158K GNO 
$30.175 
↓6.0% 
$148K STORJ 
$0.1853 
↓1.7% 
$61.0K

The post appeared first on Kraken Blog.

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