How Internet Computer reacted to Continued Jobless Claims on 14 August 2025

The short answer

An exceptional reaction. In the 15 minutes after the figure came out, Internet Computer's price swung 9.01 times as much as in a normal 15 minutes that day. For a Continued Claims release, 1.46 times is usual. An hour later the price was 3.94% lower.

9.01x

Exceptional

Trading (volume ratio)
32.11x
usual for Continued Claims: 1.60x
Price at 8:30 AM
$5.840
15 minutes later
−2.91%
One hour later
−3.94%
range 5.82%, hour before 1.03%
ICP/USDT, 10 minutes candles around the release, 8:30 AM America/New York

The dashed orange line is the release. Chart data from Binance.

Open
6.060
Close
5.450
24h change
-11.19%
24h high
6.080
24h low
5.370
24h volume
3.714M ICP

Measured by Clometrix

Internet Computer's volatility ratio was 9.01x, against 1.46x for a typical Continued Claims release since 2021. Its volume ratio was 32.11x, against a typical 1.60x. That is more than twice what this release usually does. Both compare the quarter hour of the release with an ordinary quarter hour that same day, where 1.00x is no change: volatility is how far the price ranged, volume how much traded.

How Internet Computer moved

Internet Computer was at $5.840 when the figure came out. Fifteen minutes later it was 2.91% lower, and an hour later 3.94% lower. Its high-to-low range in the hour after was 5.82% of its price, against 1.03% in the hour before.

The release

Released by the Department of Labor on 14 August 2025 at 8:30 AM EDT. Continued Jobless Claims rose to 1972K for the week ending 2nd Aug, from 1953K in the week ending 26th Jul.

It arrived at the same moment as Producer Price Index, Core Producer Price Index and Initial Jobless Claims, so the reaction measured on this page belongs to all of them together.

What made it matter

Since 2021, Continued Claims releases in the two weeks before a Fed decision have moved Internet Computer about as much as those at other times: a median volatility ratio of 1.51x across 86, against 1.32x across 192. This one was not within two weeks of a Fed decision. Its own ratio of 9.01x compares with 1.32x for those, so it moved the price more than its circumstances alone would suggest.

Its record

Across 278 Continued Claims releases since 2021, Internet Computer's median volatility ratio is 1.46x.

How it compares

Across 278 Continued Claims releases since 2021, Internet Computer's usual price swing is 1.46x. This one was 6.18 times the usual.

MutedOrdinaryStrongExceptional

Thin line: Continued Claims's usual, 1.46x. Thick line: this release, 9.01x.

Minute by minute

Each row is the time after the release, with the same length of time before it for comparison.

After High Low Close Change Range Range before Volume
1 minute 5.84 5.75 5.76 -1.39% 1.54% 0.17% 74,145 ICP
5 minutes 5.84 5.57 5.59 -4.47% 4.62% 0.34% 468,837 ICP
10 minutes 5.84 5.51 5.61 -4.10% 5.65% 1.03% 636,196 ICP
15 minutes 5.84 5.51 5.67 -3.00% 5.65% 1.03% 700,930 ICP
30 minutes 5.84 5.51 5.60 -4.29% 5.65% 1.03% 802,189 ICP
1 hour 5.84 5.50 5.61 -4.10% 5.82% 1.03% 1.08M ICP
2 hours 5.84 5.50 5.66 -3.18% 5.82% 1.86% 1.209M ICP
4 hours 5.84 5.50 5.52 -5.80% 5.82% 2.20% 1.5M ICP
6 hours 5.84 5.48 5.51 -5.99% 6.16% 3.66% 1.718M ICP
8 hours 5.92 5.50 5.52 -6.88% 7.09% 3.13% 2.14M ICP
12 hours 5.84 5.37 5.45 -7.16% 8.05% 4.77% 2.18M ICP

Every coin at this release

Coin Price swing Usual for Continued Claims Reaction
Bitcoin 12.23x 1.52x Exceptional
Ethereum 8.29x 1.47x Exceptional
XRP 13.12x 1.18x Exceptional
BNB 5.74x 1.42x Exceptional
Solana 10.47x 1.39x Exceptional
Dogecoin 11.83x 1.39x Exceptional
TRON 13.74x 1.33x Exceptional
Cardano 8.34x 1.35x Exceptional
Chainlink 11.22x 1.43x Exceptional
Sui 10.43x 1.24x Exceptional
Bitcoin Cash 12.20x 1.34x Exceptional
Hedera 9.06x 1.32x Exceptional
Avalanche 11.02x 1.42x Exceptional
Litecoin 9.12x 1.38x Exceptional
Gram 11.27x 1.02x Exceptional
Shiba Inu 10.08x 1.34x Exceptional
Uniswap 10.63x 1.35x Exceptional
Polkadot 10.77x 1.31x Exceptional
Aave 8.28x 1.38x Exceptional
Bittensor 13.50x 1.41x Exceptional
NEAR Protocol 9.50x 1.24x Exceptional
Aptos 11.17x 1.41x Exceptional
Internet Computer 9.01x 1.46x Exceptional
POL (prev. MATIC) 10.33x 1.42x Exceptional
Filecoin 10.42x 1.27x Exceptional

What is Continued Jobless Claims?

The weekly claims report is released Thursdays at 8:30 a.m. ET by the U.S. Department of Labor (DOL). Continued claims, also referred to as insured unemployment, is the number of people who have already filed an initial claim and who have experienced a week of unemployment and then filed a continued claim to claim benefits for that week of unemployment. Continued claims data are based on the week of unemployment, not the week when the initial claim was filed.

Every Continued Claims release for Internet Computer

Questions about this page

Is 9.01x a lot?

For a Continued Claims release it is exceptional: the usual is 1.46x. Each report has its own usual size, and its releases show it.

Will the next Continued Claims do the same?

Nobody can say. A forecast shows the range Internet Computer moved in after past Continued Claims releases, so you can plan for the likely size of the move.

Do weekly jobless claims move crypto?

Weekly jobless claims have a median Bitcoin price swing of 1.52x since 2021, which places Initial Claims and Continued Claims in Tier 3. They are released at 8:30 a.m. ET. When a claims release falls on the same minute as a bigger report, such as CPI, the reaction belongs to both. Clometrix measures 296 claims releases in the record since 2021.

More questions · Glossary

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.