Kraken Daily Market Report for August 02 2020 Overview

Kraken Daily Market Report for August 02 2020 Overview

  • Total trading volume 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 Kraken Daily Market Report for August 02 2020 appeared first on Kraken Blog.

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