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Kraken Daily Market Report for June 4 2020 (Kraken)

Bitcoin

New! The Kraken Daily Market Report has been expanded. Read through the full report to see all the new information and analysis.

Overview

  • Total trading volume (of takers) near weekly average at $208 million, Bitcoin (XBT) and Ethereum (ETH) were within +/-2% all day.
  • EUR/USD was up almost 1%. As a result, most pairs with quote USD fared about 1% higher compared to pairs with quote EUR.
  • Cardano (ADA) continues its hot streak up 4% over USD, and Siacon (SC) continues to add from a strong day yesterday (up another 6% over USD). ATOM, BAT, and GNO had the highest returns, all around 7% over USD.

The post Kraken Daily Market Report for June 4 2020 appeared first on Kraken Blog.

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